a-company-has-net-sales-of-1200000-and-average-fixed-assets-of-400000-what-is-th

Question

A company has net sales of $1,200,000 and average fixed assets of $400,000. What is the fixed asset turnover ratio?

Accepted Answer

3.0

Answer

4.0

Answer

2.0

Answer

1.0

A company has net sales of \$1,200,000 and average fixed assets of \$400,000. What is the fixed asset turnover ratio?