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MC Qu. 215 The following information is available.. The following information is available from the accounting records of the Bright Company Beginning balance of fixed
MC Qu. 215 The following information is available.. The following information is available from the accounting records of the Bright Company Beginning balance of fixed assets Net sales revenue Ending balance of fixed assets Net income $100,000 360,000 120,000 36,000 What is the fixed asset turnover ratio? 010 times 3 times O 3.27 times O 10 times
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