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During 2021, Amblance Company reported net revenue of $2,898,000. The company reported net fixed assets of $600,000 January 1, 2021 and net fixed assets of
During 2021, Amblance Company reported net revenue of $2,898,000. The company reported net fixed assets of $600,000 January 1, 2021 and net fixed assets of $780,000 on December 31, 2021. Required: a. Calculate the fixed asset turnover ratio. (Round your answer to one decimal place.)
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