Campbell Co. has net sales revenue of $1,000,000, cost of goods sold of $680,000, and all other expenses of $232,000. The beginning balance of stockholders' equity is $320,000 and the beginning balance of fixed assets is $288,800. The ending balance of stockholders' equity is $480,000 and the ending balance of fixed assets is $311,200. The fixed asset turnover ratio is closest to: / Campbell tiene ventas neta de $1,000,000, costo de venta de $680,000 todos los otros gastos son $232,000. El saldo inicial del capital contable es $320,000 y el saldo inicial de Activo fijo es $288,800. El saldo final de capital contable es $480,000 y el saldo final de Activo fijo es $311,200. La rotación de active fijo es cercana a: 3.33 O 2.50 0.80 0.53
Campbell Co. has net sales revenue of $1,000,000, cost of goods sold of $680,000, and all other expenses of $232,000. The beginning balance of stockholders' equity is $320,000 and the beginning balance of fixed assets is $288,800. The ending balance of stockholders' equity is $480,000 and the ending balance of fixed assets is $311,200. The fixed asset turnover ratio is closest to: / Campbell tiene ventas neta de $1,000,000, costo de venta de $680,000 todos los otros gastos son $232,000. El saldo inicial del capital contable es $320,000 y el saldo inicial de Activo fijo es $288,800. El saldo final de capital contable es $480,000 y el saldo final de Activo fijo es $311,200. La rotación de active fijo es cercana a: 3.33 O 2.50 0.80 0.53
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Campbell Co. has net sales revenue of $1,000,000, cost of goods sold of
$680,000, and all other expenses of $232,000. The beginning balance of
stockholders' equity is $320,000 and the beginning balance of fixed
assets is $288,800. The ending balance of stockholders' equity is
$480,000 and the ending balance of fixed assets is $311,200. The fixed
asset turnover ratio is closest to: /
Campbell tiene ventas neta de $1,000,000, costo de venta de $680,000 y
todos los otros gastos son $232,000. El saldo inicial del capital contable
es $320,000 y el saldo inicial de Activo fijo es $288,800. El saldo final de
capital contable es $480,000 y el saldo final de Activo fijo es $311,200.
La rotación de active fijo es cercana a:
3.33
O 2.50
0.80
0.53
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