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What is ravens fixed asset turnover ratio

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Question - Raven Industries has net sales of $1,170,000, net income of $ 90 $90,000, average current assets of $49,000, average fixed assets of $185,000, and average total assets of $234,000. What is Raven's fixed asset turnover ratio?

A. 0.16

B. 6.32

C. 23.88

D. 5

Reference no: EM132545747

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