2007 Income Statement
Sales	155,000.00
COGS	104,000.00
Dep	11,800.00
EBIT	39,200.00
Interest	6,800.00
Taxable income	32,400.00
Taxes	8,600.00
NI	23,800.00
		Waxham Feed Balance Sheet
	2006	2007		2006	2007
Cash	33,000.00	20,000.00	A/P	20,500.00	26,800.00
A/R	25,200.00	19,300.00	LTD	65,500.00	73,000.00
Inventory	40,570.00	55,760.00	Common Stock	75,000.00	100,000.00
Total CA	98,770.00	95,060.00	RE	150,770.00	166,060.00
Net Fixed Asst	213,000.00	270,800.00
Total Asset	311,770.00	365,860.00	Tot Lia. & OE	311,770.00	365,860.00

How many dollars of sales are being generated from every dollar of fixed assets? (Use 2007 values.)

		0.63
		0.57
		0.13
		0.72
		0.68