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At 12/31/11, Clark Corporation reported beginning net fixed assets of $94,150, ending net fixed assets of $103,626, accumulated depreciation of $49,133, net sales of $212,722,

At 12/31/11, Clark Corporation reported beginning net fixed assets of $94,150, ending net fixed assets of $103,626, accumulated depreciation of $49,133, net sales of $212,722, and depreciation expense of $12,315. Compute Clark Corporations (a) fixed asset turnover ratio AND (b) the average age of its fixed assets. (SHOW ALL WORK)

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