Question: Fixed asset turnover ratio Select financial statement data for two recent years for Davenport Company are as follows: a. Determine the fixed asset turnover ratio

Fixed asset turnover ratio Select financial statement data for two recent years for Davenport Company are as follows: a. Determine the fixed asset turnover ratio for 20Y4 and 20Y5. Round your answers to one decimal place. b. Does the change in the fixed asset turnover ratio from 204 to 20 Y 5 indicate a favorable or an unfavorable change

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