The balance sheets of Pinewood Resorts reported net fixed assets of $740,000 and $940,000 at the end

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The balance sheets of Pinewood Resorts reported net fixed assets of $740,000 and $940,000 at the end of 2017 and 2018, respectively. The fixed-asset turnover ratio for 2018 was 3.25. Calculate Pinewood's net sales for 2018.
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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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