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The Wilson Company has provided the following information: Net sales, $200,000 ...

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Accounting

The Wilson Company has provided the following information:
Net sales, $200,000
Net operating income, $60,000
Net income, $40,000
Average total assets, $140,000
Average net fixed assets; $100,000
What is Wilson's fixed asset turnover ratio?
Multiple Choice
0.40
2.00
1.43
0.60

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