Question
Based upon what you find, answer the following questions: What is the fixed-asset turnover ratio for Big Store (1) in 2012 and (2) in 2021?
Based upon what you find, answer the following questions: What is the fixed-asset turnover ratio for Big Store (1) in 2012 and (2) in 2021? Note: Round your answers to 3 decimal places. What is the fixed-asset turnover ratio for Discount Goods (1) in 2012 and (2) in 2021? Note: Round your answers to 3 decimal places. Comparing the two companies fixed-asset turnover ratios over the ten-year period, which company exhibits the most favorable fixed asset turnover? Comparing Big Stores fixed-asset turnover ratios over the ten-year period, is the companys turnover (a) generally increasing, (b) roughly the same, or (c) generally decreasing from year to year?
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