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Business, 29.07.2020 18:01 kemellgwilson

Campbell Co. has net sales revenue of $1,320,000, cost of goods sold of $760,700, and all other expenses of $297,000. The beginning balance of stockholders' equity is $407,000 and the beginning balance of fixed assets is $368,000. The ending balance of stockholders' equity is $607,000 and the ending balance of fixed assets is $396,000. The fixed asset turnover ratio is closest to:

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Campbell Co. has net sales revenue of $1,320,000, cost of goods sold of $760,700, and all other expe...
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