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Campbell Co. has net sales revenue of $1,000,000, cost of goods sold of $680,000, and all other expenses of $232,000. The beginning balance of stockholders' equity is $320,000 and the beginning balance of fixed assets is $288,800. The ending balance of stockholders' equity is $480,000 and the ending balance of fixed assets is $311,200. The fixed asset turnover ratio is closest to: / Campbell tiene ventas neta de $1,000,000, costo de venta de $680,000 todos los otros gastos son $232,000. El saldo inicial del capital contable es $320,000 y el saldo inicial de Activo fijo es $288,800. El saldo final de capital contable es $480,000 y el saldo final de Activo fijo es $311,200. La rotación de active fijo es cercana a: 3.33 O 2.50 0.80 0.53

Campbell Co. has net sales revenue of $1,000,000, cost of goods sold of $680,000, and all other expenses of $232,000. The beginning balance of stockholders' equity is $320,000 and the beginning balance of fixed assets is $288,800. The ending balance of stockholders' equity is $480,000 and the ending balance of fixed assets is $311,200. The fixed asset turnover ratio is closest to: / Campbell tiene ventas neta de $1,000,000, costo de venta de $680,000 todos los otros gastos son $232,000. El saldo inicial del capital contable es $320,000 y el saldo inicial de Activo fijo es $288,800. El saldo final de capital contable es $480,000 y el saldo final de Activo fijo es $311,200. La rotación de active fijo es cercana a: 3.33 O 2.50 0.80 0.53

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 51E: Juroe Company provided the following income statement for last year: Juroes balance sheet as of...
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Campbell Co. has net sales revenue of $1,000,000, cost of goods sold of $680,000, and all other expenses of $232,000. The beginning balance of stockholders' equity is $320,000 and the beginning balance of fixed assets is $288,800. The ending balance of stockholders' equity is $480,000 and the ending balance of fixed assets is $311,200. The fixed asset turnover ratio is closest to: / Campbell tiene ventas neta de $1,000,000, costo de venta de $680,000 y todos los otros gastos son $232,000. El saldo inicial del capital contable es $320,000 y el saldo inicial de Activo fijo es $288,800. El saldo final de capital contable es $480,000 y el saldo final de Activo fijo es $311,200. La rotación de active fijo es cercana a: 3.33 O 2.50 0.80 0.53
Transcribed Image Text:Campbell Co. has net sales revenue of $1,000,000, cost of goods sold of $680,000, and all other expenses of $232,000. The beginning balance of stockholders' equity is $320,000 and the beginning balance of fixed assets is $288,800. The ending balance of stockholders' equity is $480,000 and the ending balance of fixed assets is $311,200. The fixed asset turnover ratio is closest to: / Campbell tiene ventas neta de $1,000,000, costo de venta de $680,000 y todos los otros gastos son $232,000. El saldo inicial del capital contable es $320,000 y el saldo inicial de Activo fijo es $288,800. El saldo final de capital contable es $480,000 y el saldo final de Activo fijo es $311,200. La rotación de active fijo es cercana a: 3.33 O 2.50 0.80 0.53
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