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Business, 05.08.2021 15:20 alanizyc

Campbell Co. has net sales revenue of $1,370,000, cost of goods sold of $761,200, and all other expenses of $302,000. The beginning balance of stockholders' equity is $412,000 and the beginning balance of fixed assets is $373,000. The ending balance of stockholders' equity is $612,000 and the ending balance of fixed assets is $401,000. The fixed asset turnover ratio is closest to: Multiple Choice 0.54 3.54 1.21 1.71

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Campbell Co. has net sales revenue of $1,370,000, cost of goods sold of $761,200, and all other expe...
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