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Campbell Co. has net sales revenue of $1,440,000, cost of goods sold of $761,900, and all other expenses of $309,000. The beginning balance of stockholders'

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Campbell Co. has net sales revenue of $1,440,000, cost of goods sold of $761,900, and all other expenses of $309,000. The beginning balance of stockholders' equity is $419,000 and the beginning balance of fixed assets is $380,000. The ending balance of stockholders' equity is $619,000 and the ending balance of fixed assets is $408,000. The fixed asset turnover ratio is closest to: Multiple Choice 1.41 O 3.65 O 1.00 0.54 o

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