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Business, 05.05.2020 22:41 remyboy1938
Campbell Co. has net sales revenue of $1,430,000, cost of goods sold of $761,800, and all other expenses of $308,000. The beginning balance of stockholders' equity is $418,000 and the beginning balance of fixed assets is $379,000. The ending balance of stockholders' equity is $618,000 and the ending balance of fixed assets is $407,000. The fixed asset turnover ratio is closest to:
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Campbell Co. has net sales revenue of $1,430,000, cost of goods sold of $761,800, and all other expe...
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