The ways in which report writers can ensure that they present their topics objectively and credibly. Introduction : Business requires various reports to be presented to the consumers regarding the company’s performance. Some of them are the company’s annual report, performance report, etc. Writers who are specialized and experienced write these reports. A report is actually written for a specific target audience. Specific information is analyzed and applied to prepare a report.

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During 2008, Colin Company reported net revenue of $6,600,000. The company reported net fixed assets of $790,000 on January 1, 2008 and net fixed assets of $970,000 on December 31, 2008. Required: Calculate the fixed asset turnover ratio to this financial Accounting Problem. (Round your answer to one decimal place.)

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Chapter 9, Problem 14CT

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The ways in which report writers can ensure that they present their topics objectively and credibly.

Introduction:

Business requires various reports to be presented to the consumers regarding the company’s performance. Some of them are the company’s annual report, performance report, etc. Writers who are specialized and experienced write these reports. A report is actually written for a specific target audience. Specific information is analyzed and applied to prepare a report.

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During 2008, Colin Company reported net revenue of $6,600,000. The company reported net fixed assets of $790,000 on January 1, 2008 and net fixed assets of $970,000 on December 31, 2008. Required: Calculate the fixed asset turnover ratio to this financial Accounting Problem. (Round your answer to one decimal place.)

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