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A rising fixed asset turnover ratio indicates A. the firm has purchased new fixed assets. B. the firms sales have remained stable while fixed assets

A rising fixed asset turnover ratio indicates

  • A. the firm has purchased new fixed assets.
  • B. the firms sales have remained stable while fixed assets have increased.
  • C. the firm has not purchased new equipment in a while sales are rising
  • D. the firms current assets are falling relative to total assets.

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