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a 1.69 b 2.17 c 4.39 d 4.80 Based on the information in Table 4-1, the fixed asset turnover ratio is begin{tabular}{|l|r|r|} hline Depreciation expense

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a 1.69 b 2.17 c 4.39 d 4.80 Based on the information in Table 4-1, the fixed asset turnover ratio is \begin{tabular}{|l|r|r|} \hline Depreciation expense & & (250,000) \\ \hline Interest expense & & (200,000) \\ \hline Eamings before taxes & & 4,550,000 \\ \hline Income taxes & & (1,820,000) \\ \hline Net income & & $2,730,000 \\ \hline \end{tabular} Table 4-1 Stewart Comnanv

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