Fixed Asset Turnover Ratio Amazon.com, Inc. is the world's leading internet retailer of merchandise and media. Amazon also designs and selis electronic products, 5uch as e-readers. Netflix, Inc. is the world's leading intemet television network. Both companies compete in the digital media and streaming space. However, Netflix is more narrowly focused in the digital streaming business than is Amazon. Sales and average book value of fixed assets information (in milfions) are provided for Amazon and Netflix for a recent year as follows: a. Compute the fixed asset turnover ratio for each company. Round to one decimal place. b. Which company is more efficient in generating sales from fixed assets? c. Based on your calculations above which of the following is true? 1. The difference in their fixed asset turnover ratios because Netflox does not require sionificant investment in fixed asset as compared to Amazon. This is primarily due to the difference in their core business. 2. The difference in their fixed asset turnover ratios because Amazon does not require significant investment in fixed asset as compared to Netflix. This is primarlily due to the difference in their core business. 3. The difference in their fixed asset turnover ratios because Netnlx is managing its foxed assets more efficiently than Amazon. This is primarily due to the difference in their management. 4. The difference in their fixed asset tumover ratios becausi Amazon is managing its fixed assets more efficiently than Netfix, This is primarily due to the difference in their management