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A company has the following items for the fiscal year 2020: Revenue = 10 million Total current asset = 5 million Net Property, Plant, and

  1. A company has the following items for the fiscal year 2020:
  • Revenue = 10 million
  • Total current asset = 5 million
  • Net Property, Plant, and Equipment = 2.5 million
  • Total assets = 8 million

Calculate the companys Asset turnover and Fixed-asset turnover

(You need to show (1) the formula and (2) your calculation process.)

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