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Based on the following partial financial statement, calculate the fixed asset newness ratio: Provide your answer in decimal form, with three significant digits. Current Assets

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Based on the following partial financial statement, calculate the fixed asset newness ratio: Provide your answer in decimal form, with three significant digits. Current Assets Cash and Securities $2,036,014.67 Accounts Receivables $4,429,821.65 Retainage $988,251.44 Inventory $90.507.64 Earnings in Excess of Billings $278,549.98 Other Current Assets $205,381.61 Fixed Assets Property $2,307,535.03 Construction Equipment $3,516,477.81 Vehicles $520,069.67 Office Equipment $70,313.81 Depreciation $-3,280,981.54 only numerical values are $242.943.11 accepted Oth

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