The fixed-asset turnover ratio

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The balance sheets of Davidson Corporation reported net fixed assets of $326,000 at the end of 2016. The fixed-asset turnover ratio for 2016 was 4.0, and sales for the year totaled $1,520,000. Net fixed assets at the end of 2015 were:

Reference no: EM131264126

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The fixed-asset turnover ratio : The balance sheets of Davidson Corporation reported net fixed assets of $326,000 at the end of 2016. The fixed-asset turnover ratio for 2016 was 4.0, and sales for the year totaled $1,520,000. Net fixed assets at the end of 2015 were:

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