The company has net sales revenue of $4.8 million during 2011 - 10272

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yousafbhutta

yousafbhutta

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The company has net sales revenue of $4.8 million during 2011. The company's records also included the following information: (Round your final answer to 2 decimal places.)

 

 

 

  Assets

12/31/10

12/31/11

  Property, plant and equipment 

$2.9 million  

$3.7 million  

  Licensing agreements

$1.1 million  

$1.0 million  

  Goodwill

$0.9 million  

$0.9 million  

  Investments

$1.0 million  

$1.1 million  

 

 

 

What is the company's fixed asset turnover ratio for 2011?

 

 

 

1.94

17.45

 

1.45

1

 

 

 

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