00:12:12 Net sales 2021 Income Statement Cost of goods sold Depreciation ($ in millions) Earnings before...

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00:12:12 Net sales 2021 Income Statement Cost of goods sold Depreciation ($ in millions) Earnings before interest and taxes Interest paid Taxable income Taxes Net income $ 14,150 8,150 515 $ 5,485 108 $ 5,377 1,129 $ 4,248 Mc Graw Hill 2020 2021 Cashi $ 300 $ 330 Accounts received 1,190 1,090 Long term debt Inventory 2,120 1,795 Common stock Total $ 3,610 $ 3,215 Retained earnings Windswept, Incorporated: 2020 and 2021 Balance Sheets. ($ in millions) Accounts payable 2020 $1,980 1,110 3,440 690 2021 $1,955 1,430 3,080 940 Net fixed assets 3,610 Total assets $ 7,220 4,190 $ 7,405 Total liabilities & equity $ 7,220 $ 7,405 What is the fixed asset turnover for 2021? Multiple Choice 2.26 times < Prev 29 of 45 Next > 00:12:12 Net sales 2021 Income Statement Cost of goods sold Depreciation ($ in millions) Earnings before interest and taxes Interest paid Taxable income Taxes Net income $ 14,150 8,150 515 $ 5,485 108 $ 5,377 1,129 $ 4,248 Mc Graw Hill 2020 2021 Cashi $ 300 $ 330 Accounts received 1,190 1,090 Long term debt Inventory 2,120 1,795 Common stock Total $ 3,610 $ 3,215 Retained earnings Windswept, Incorporated: 2020 and 2021 Balance Sheets. ($ in millions) Accounts payable 2020 $1,980 1,110 3,440 690 2021 $1,955 1,430 3,080 940 Net fixed assets 3,610 Total assets $ 7,220 4,190 $ 7,405 Total liabilities & equity $ 7,220 $ 7,405 What is the fixed asset turnover for 2021? Multiple Choice 2.26 times < Prev 29 of 45 Next >