Fixed asset turnover ratio cisco cisco system reported the

Reference no: EM13480080

Fixed Asset Turnover Ratio; Cisco Cisco System reported the following information in its 2009 financial statements : 2009 2008 Balance sheets Property, plant, and equipment (net) $4,043 $4,151 Income statement Net sales for 2009; $36,117 Calculate Cisco's 2009 fixed-asset turnover ratio and discuss how you would interpret this ratio.

Reference no: EM13480080

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