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Thayer Company's Financial Statements on December 31, 2012, Showed the Following

Question 128

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Thayer Company's financial statements on December 31, 2012, showed the following:
Thayer Company's financial statements on December 31, 2012, showed the following:    Given this information, compute Thayer Company's fixed asset turnover ratio for 2011 and 2012 (round to two decimal places).
Given this information, compute Thayer Company's fixed asset turnover ratio for 2011 and 2012 (round to two decimal places).

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