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Which company uses its fixed assets more efficiently

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Reference no: EM131127973

The following table shows the revenue and average net fixed assets (in millions) for a recent fiscal year for Best Buy and Circuit City Stores, Inc.:



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

(b) Which company uses its fixed assets more efficiently?Explain.  

Reference no: EM131127973

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