Illusions,Inc.has net sales of $980,000,net income of $72,000,average current assets of $42,000,average fixed assets of $168,000,and average total assets of $210,000.Illusions,Inc.'s fixed asset turnover ratio is:
A) 5) 83.
B) 4) 67.
C) 23.33.
D) 0) 17.
Correct Answer:
Verified
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