Question: select financial statement data for two recent years for davenport company are as follows 20Y5. 20Y4 Sales: 1,944000 967500 fixed assets: beginning of year. 690000
select financial statement data for two recent years for davenport company are as follows
20Y5. 20Y4
Sales: 1,944000 967500
fixed assets:
beginning of year. 690000 600000
end of year. 750000 690000
A. determine the fixed asset turnover for 20Y4 and 20Y5. round answer to one decimal place.
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