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Compute the fixed asset turnover for each company round to

Question - Fixed Asset Turnover Ratio

The following table shows the revenue and average net fixed assets (in millions) for a recent fiscal year for Eastern Company and Western, Inc.:

Eastern Company	52,571	4,281
Western, Inc.	19,242	1,327

a. Compute the fixed asset turnover for each company. Round to two decimal places.

b. Which company uses its fixed assets more efficiently?

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Accounting Basics: Compute the fixed asset turnover for each company round to

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