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During 2018, Ambiance Company reported net revenue of $5,590,000. The company reported net fixed assets of $770,000 on January 1, 2018 and net fixed assets

During 2018, Ambiance Company reported net revenue of $5,590,000. The company reported net fixed assets of $770,000 on January 1, 2018 and net fixed assets of $950,000 on December 31, 2018. Required: a. Calculate the fixed asset turnover ratio. (Round your answer to one decimal place.) Fixed Asset Turnover Ratio

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