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Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of

How many dollars of sales were generated from every dollar of fixed assets during 2017? Multiple Choice Ο $91 Ο $1.73 Ο $163

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Answer #1

Sales generated by every dollar of fixed assets

= Net sales/fixed assets

= 6,170/3,560

= $1.73

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