9. Miriam Co. fixed assets are $325,000, it has sales of $625,000. The fixedassets turnover ratio of the firm is: *O a) 1.82xb) 1.92xO c) 10.41xO d) 10.51xO e) None of the above

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9. Miriam Co. fixed assets are $325,000, it has sales of $625,000. The fixec assets turnover ratio of the firm is: *

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 7P: Ace Industries has current assets equal to 3 million. The companys current ratio is 1.5, and its...

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9. Miriam Co. fixed assets are $325,000, it has sales of $625,000. The fixed
assets turnover ratio of the firm is: *
O a) 1.82x
b) 1.92x
O c) 10.41x
O d) 10.51x
O e) None of the above

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