Discuss how you would interpret this ratio, Accounting Basics

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Discuss how you would interpret this ratio

Fixed Asset Turnover Ratio; Cisco Cisco System reported the following information in its 2009 financial statements : 2009 2008 Balance sheets Property, plant, and equipment (net) $4,043 $4,151 Income statement Net sales for 2009; $36,117 Calculate Cisco's 2009 fixed-asset turnover ratio and discuss how you would interpret this ratio.

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Accounting Basics: Discuss how you would interpret this ratio

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Accounting Basics: Discuss how you would interpret this ratio

Reference No:- TGS0553225

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How might understanding auditing concepts prove useful

Q : To compute depreciation on the house

Q : What is the reduction in net income

Q : Internal and external users of accounting information

Q : Discuss how you would interpret this ratio

Q : Reports to be based on generally accepted accounting

Q : Describe the respective roles of the securities

Q : What is the problem with different countries

Q : What is rate of interest for obligations

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Discuss how you would interpret this ratio

Reference No:- TGS0553225

Recent Questions Asked Accounting Basics

Q : How might understanding auditing concepts prove useful

Q : To compute depreciation on the house

Q : What is the reduction in net income

Q : Internal and external users of accounting information

Q : Discuss how you would interpret this ratio

Q : Reports to be based on generally accepted accounting

Q : Describe the respective roles of the securities

Q : What is the problem with different countries

Q : What is rate of interest for obligations

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