Dominic's Custom Draperies has a fixed asset turnover rate of 1.13 and a total asset...
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Dominic's Custom Draperies has a fixed asset turnover rate of 1.13 and a total asset turnover rate of .94. Its competitor, Window Fashions, has a fixed asset turnover rate of 1.26 and a total asset turnover rate of .91. Both companies have similar operations. Based on this information, Dominic's must be than Window Fashions. utilizing its total assets more efficiently generating net profit more efficiently utilizing its fixed assets more efficiently generating net profit less efficiently utilizing greater financial leverage
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