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Financial information for Lightyear Inc. for the fiscal year ended January 30 from a recent annual report follows. Average fixed assets $890.400 Revenues $5.125.000 Asset

Financial information for Lightyear Inc. for the fiscal year ended January 30 from a recent annual report follows.

Average fixed assets $890.400

Revenues $5.125.000

Asset turnover 1.32

Return on assets 0.082

a. Compute average total assets

Note: Round to the nearest whole dollar .

b. Compute net income.

Note: Round to the nearest whole dollar

c. Compute fixed asset turnover.

Note: Round to the nearest whole dollar

Numerator:

Denominator:

Result Fixed asset turnover:

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