Question
A company has an income of $1,500,000 and an interest expense of $75,000. The company has fixed assets of $6,000,000 and an inventory of $1,000,000.
A company has an income of $1,500,000 and an interest expense of $75,000. The company has fixed assets of $6,000,000 and an inventory of $1,000,000. Their books also show account receivables of $750,000 and account payables of $500,000. Calculate return on Fixed Assets?
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Data Analytics Using Excel Microsoft 365 With Accounting And Finance Datasets Version 3.0
Authors: Joseph Manzo
1st Edition
145333758X, 9781453337585
