Question: select financial statement data for two recent years for davenport company are as follows: 20Y5 20Y4 sales: $1,944,000 $967,500 fixed assets: beginning of year: 690,000

select financial statement data for two recent years for davenport company are as follows:
20Y5 20Y4
sales: $1,944,000 $967,500
fixed assets:
beginning of year: 690,000 600,000
end of year: 750,000 690,000
a.determine the fixed asset turnover ratio for 20Y4 and 20Y5. round answer to one decimal place

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