Selected Information from the 2014 and 2013 Financial Statements of Pitney

question 85

Multiple Choice

Selected information from the 2014 and 2013 financial statements of Pitney Corporation is presented below.

Pitney had cash sales of $750 and credit sales of $615 during 2014.Cost of goods sold for 2014 was $819.Pitney's fixed asset turnover for 2014 is

• A)2.97.
• B)4.86.
• C)2.53.
• D)5.53.

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