12 Use the following information to answer this question windswept , Inc . 2010 Income Statement ( $ in millions Net sales $ 11 750 Less : Cost of goods sold 7.750 ess : Depreciation Earnings before interest and taxes $ 3, 525 Less : Interest paid axable Income $ 3 , 433 Less : Taxe 1 , 202 Net income Windswept Inc . 2009 and 2010 Balance Sheets ($ in millions 2009 2010 $ 220 $ 25 Accounts payable $ 1 56 $ 1 59 counts rec 1030 930 Long-term deb Inventory 1 575 Common stock $ 3 , 28 3 130 $ 2 85 5 Retained earnings Net fixed assets 3 950 otal assets 5.580 6 . 805 / Total liab . & equity 6 805 What is the fixed asset turnover ? ( use 2010 values ) A . 2.97 B. 2.25 C . 4 .12 DO. 34 Law