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Given the following Financial Statement information of company ABC, what are the current asset turnover and fixed asset turnover ratios? Cash and equivalents 20 Receivables

Given the following Financial Statement information of company ABC, what are the current asset turnover and fixed asset turnover ratios?

Cash and equivalents 20
Receivables 25
Inventory 30
Fixed assets 500
Total current liabilities 65
Total short and long-term debt 360
Total revenue (sales) 980

Group of answer choices

11.56 and 2.96

13.07 and 2.96

11.56 and 1.96

13.07 and 1.96

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