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Would you please explain two of red [ X ] that how to solve it?? Thank you so much. Brief Exercise 10-9 Fixed-asset turnover ratio
Would you please explain two of red [ X ] that how to solve it??
Thank you so much.
Brief Exercise 10-9 Fixed-asset turnover ratio [LO10-5] Huebert Corporation and Winslow Corporation reported the following information: $ in millions Huebert Winslow 2018 $460 2017 2018 $490 $960 2017 $950 Property, plant, and equipment (net) Net sales-2018 4,060 $7,150 Calculate each companies fixes-asset turnover ratio and determine which company utilizes its fixed assets most efficiently to generate sales. (Round your answers to two decimal places.) Answer is complete but not entirely correct. Huebert Winslow Fixed-asset turnover ratio 0.72 0.57 Most efficient at using fixed assets to generate sales Huebert
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