Question: 2. Financial statement data for the year ending December 31 for Navajo Company follow: Sales $2,550,000 1,258,000 Net income Fixed assets (net) Beginning of year

2. Financial statement data for the year ending December 31 for Navajo Company follow: Sales $2,550,000 1,258,000 Net income Fixed assets (net) Beginning of year End of year 800,000 985,000 The fixed asset turnover ratio for Navajo Company on December 31 would be a. 2.9. b. 2.6. c. 1.4. d. 1.9. Check My Work 1 more Check My Work uses remaining All work saved Email Instructor Save and Exit S

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