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At the beginning of the year DRJ Enterprises reported gross fixed assets of $ 7 2 6 million and net fixed assets of $ 3
At the beginning of the year DRJ Enterprises reported gross fixed assets of $ million and net fixed assets of $ million; at the end of the year, it reported gross fixed assets of $ million and net fixed assets of $ During the year, the company invested an additional $ million in fixed assets and recognized depreciation of $ million. Calculate the fixed asset renewal rate for the company. Present your results in percentage terms, rounded to one decimal place eg
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