M9-13 (Algo) Computing and Evaluating the Fixed Asset Turnover Ratio [LO 9-7] The following information was reported by Amuse Yourself Parks (AYP): Net fixed assets (beginning of year) Net fixed assets (end of year) Net sales for the year Net income for the year Required: $ 8,460,000 8,260,000 4,180,000 1,750,000 Compute the company's fixed asset turnover ratio for the year. Fixed Asset Turnover Ratio Numerator Denominator