9. Miriam Co. fixed assets are $325,000, it has sales of $625,000. The fixedassets turnover ratio of the firm is: *O a) 1.82xb) 1.92xO c) 10.41xO d) 10.51xO e) None of the above

A ratio that provides information regarding the efficient use of a company’s fixed asset is term as…

Answered: 9. Miriam Co. fixed assets are…

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9. Miriam Co. fixed assets are $325,000, it has sales of $625,000. The fixec assets turnover ratio of the firm is: *

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

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Question

9. Miriam Co. fixed assets are $325,000, it has sales of $625,000. The fixed
assets turnover ratio of the firm is: *
O a) 1.82x
b) 1.92x
O c) 10.41x
O d) 10.51x
O e) None of the above

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