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Question: newport company has sales of 2025000 for the current year...
Question details
Newport company has sales of $2025000 for the current year .The book value of its fixed assets at the beginning of the year was $550000 and at end of the year was $800000 . The fixed asset turnover ratio for Newport is : 3.0, 3.6 , 3.7, 2.5.
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