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Given the following information, calculate Gross Profit. Inventory Turnover Ratio = 7.80 Average Inventory = $65,000 Fixed Asset Turnover Ratio = 3.25 Average Total Fixed
Given the following information, calculate Gross Profit.
- Inventory Turnover Ratio = 7.80
- Average Inventory = $65,000
- Fixed Asset Turnover Ratio = 3.25
- Average Total Fixed Assets = $225,000
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Finance For Non-Finance People
Authors: Sandeep Goel
2nd Edition
0367185083, 9780367185084
