Fixed Asset Turnover Fitzgerald's Emporium reported the following asset values in 2017 and 2018 2018 2017 Cash $63,000 $48,000 Accounts receivable 490,000 605,000 Inventory 560,000 520,000 350,000 Land 310,000 Buildings 740,000 680,000 120,000 Equipment 140,000 In addition, Fitzgerald's had sales of $3,650,000 in 2018. Cost of goods sold for the year was $2,300,000. Compute Fitzgerald's fixed asset turnover ratio for 2018. Round your answer to two decimal places