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The company has net sales revenue of $4.8 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 $4.8 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 $2.9 million $3.7 million $1.1 million $1.0 million $0.9 million $0.9 million $1.0 million $1.1 million What is the company's fixed asset turnover ratio for 2018? Multiple Choice 17.45 O 1.00 1.45 O 1.94
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