The Financial Statements of Snapit Company Are Given Below

question 36

Multiple Choice

The financial statements of Snapit Company are given below. Note: The common shares are trading in the stock market for $100 each.
Refer to the financial statements of Snapit Company. The firm's fixed asset turnover ratio for 2009 is

• A) 4.60.
• B) 3.61.
• C) 3.16.
• D) 5.46.

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