Question: Dandy Hardware Stores reported the following asset values in 2014 and 2015: In addition, Dandy Hardware had sales of $3,500,000 in 2015. Cost of goods
Dandy Hardware Stores reported the following asset values in 2014 and 2015:
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In addition, Dandy Hardware had sales of $3,500,000 in 2015. Cost of goods sold for the year was $2,200,000. Compute Dandy Hardware's fixed asset turnover ratio for 2015.
2015 2014 Cash . 40,000 25,000 80,000 330,000 ..590,000 41000 50,000 25,000 00,000 450,000 260,000 250,000 Land Iquipen
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