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22 You perform an analysis of Coke and see that their fixed asset turnover ratio was 3.7 in 2018 but dropped to 2.5 in 2019.

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22 You perform an analysis of Coke and see that their fixed asset turnover ratio was 3.7 in 2018 but dropped to 2.5 in 2019. Which of the following could be a cause of this change? O A The firm obtained more debt so that liabilities increased making total assets decrease 9. The firm built a new bottling plant but did not see revenue increases. O C. The firm paid off some of their debt making assets increase O D. The firm paid a higher tax rate in 2016 impacting their revenues

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