Multiple Choice
The company has net sales revenue of $3.6 million during 2014.The company's records also included the following information: 
What is the company's fixed asset turnover ratio for 2014?
Understand the impact of selling parts of investments, including calculating gains or losses.
Differentiate between the cost method and equity method for accounting investments.
Identify the income statement and balance sheet presentation of investment activities and their impacts.
Understand how to account for unrealized gains and losses on available-for-sale securities.
Definitions:
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