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5-a. Net property and equipment totaled $127,000 at the beginning of the previous year. Compute the fixed asset turnover
ratios for the current and previous years. (Round your answers to 2 decimal places.)
5-b. Are the current year results better, or worse, than those for the previous year?

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?

Which of the following would classify as a general education requirement