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Following table shows various financial data for a firm for a full financial year: Finanacial Information for a Frim Debt Ratio 0.61 Total Asset Turnover
Following table shows various financial data for a firm for a full financial year: Finanacial Information for a Frim Debt Ratio 0.61 Total Asset Turnover 1.5 Gross Profit Margin 23.3% Quick Ratio 1.06 Current Ratio 1.54 ho Current Liabilities $394,139 Total Assets $1,815,285 Determine the value of Fixed Asset Turnover of the company. Note: Fixed asset = Total Asset - Current Asset IMPORTANT: Write your answer up to two decimal places
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