Question: Using the following a bridged financial data for CCC Corp., calculate the company's fixed asset turnover for the past 3 years and indicate whether it
Using the following a bridged financial data for CCC Corp., calculate the company's fixed asset turnover for the past 3 years and indicate whether it has improved or deteriorated. 2022 $1,218,000 $1,838,470 2021 $1,124,000 Property, plant, and equipment (net) Sales revenue 2020 $1,014,000 $2,139,250 $1,945,580 Property, plant, and equipment (net) for 2019 = $976,000. (Round answers to 2 decimal places, e.g. 15.75.) 2022 2021 2020 Fixed asset turnover times times times
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