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Compute the fixed asset turnover ratio and inventory turnover ratio for Pfizer Inc. using the given financial data: Sales Revenue: $2,000,000,000 Average Fixed Assets: $800,000,000
Compute the fixed asset turnover ratio and inventory turnover ratio for Pfizer Inc. using the given financial data:
- Sales Revenue: $2,000,000,000
- Average Fixed Assets: $800,000,000
- Beginning Inventory: $100,000,000
- Ending Inventory: $120,000,000
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
