Your Company Has Net Sales Revenue of $36 Million During

question 118

Multiple Choice

Your company has net sales revenue of $36 million during the year.At the beginning of the year,fixed assets are $8 million.At the end of the year,fixed assets are $10 million.What is the fixed asset turnover ratio?

• A)4.5
• B)4.0
• C)2.0
• D)3.6

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Definitions:

Hypoestrogenic

Related to or characterized by lower than normal levels of estrogen in the body.

Infertility

The inability of a person to conceive after a year or more of regular sexual intercourse without contraception.

Ovum

A female reproductive cell or egg that, when fertilized by sperm, can develop into a zygote and eventually a fetus.

Intrauterine Growth Restriction

A condition where a fetus does not grow to its expected weight and size during pregnancy.