Financial statement data for two years for Townson Company are as follows: Year 2 53,645,000 Year 1 $4,250,000 Sales Poxed assets Beginning of year End of year 380,000 520,000 820,000 $80,000 All of the following statements are true regarding the company's fixed asset turnover ratio except on. since Year 1, it appears that Townson may have become more labor-intensive, requiring smaller amounts of fixed asset investments Os Townson's fixed asset turnover ratio has increased between Year 1 and Year 2. O c Townson has become more efficient in generating sales with its fixed assets in Year 2 as compared to Year 1. Od Townson's fixed asset turnover ratio has decreased between Year 1 and Year 2