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The company has net sales revenue of $3.6 million during 2018. The company's records also included the following information: Assets Property, plant and equipment Licensing
The company has net sales revenue of $3.6 million during 2018. The company's records also included the following information: Assets Property, plant and equipment Licensing agreements Goodwill Investments 12/31/17 12/31/18 $2.3 million $2.5 million $0.5 million $0.4 million $ 0.3 million $0.3 million $0.4 million $0.5 million What is the company's fixed asset turnover ratio for 2018? Multiple Choice 18.00 1.33 1.00 1.50 O
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