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Question 8 1 pts Describe the conclusion you draw by comparing the...

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Accounting

Question 8
1 pts
Describe the conclusion you draw by comparing the fixed asset turnover ratio of each company and why.
Both companies are similar as each company generates about $12 of sales for each invested dollar in PPE.
Columbia is more efficient than VF as Columbia generates roughly $16 of sales for each $1 invested in PPE.
VF is the most efficient by generating roughly $18 of sales for each invested dollar in PPE.
Neither company is efficient and only generate about $2 of sales for each invested dollar in PPE.
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