hannahralph321 hannahralph321

02-11-2022
Business

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obj. 7 select financial statement data for two recent years for davenport company are as follows: 20y520y4 sales$1,668,000$1,125,000 fixed assets: beginning of year670,000580,000 end of year720,000670,000 determine the fixed asset turnover ratio for 20y4 and 20y5. icon does the change in the fixed asset turnover ratio from 20y4 to 20y5 indicate a favorable or an unfavorable change?

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