company-a-has-net-sales-of-800000-and-fixed-assets-at-the-beginning-of-the-year-

Question

Company A has net sales of $800,000 and fixed assets at the beginning of the year of $300,000 and at the end of the year of $500,000. Calculate the fixed asset turnover ratio.

Accepted Answer

2.0

Answer

2.5

Answer

1.6

Answer

3.0

Company A has net sales of \$800,000 and fixed assets at the beginning of the year of \$300,000 and at the end of the year of \$500,000. Calculate the fixed asset turnover ratio.