Please use the following information for the next 3 questions. You are given the information of firm A and B for their performance evaluation. Suppose the industry average of net profit margin ratio, total asset turnover and equity multiplier is around 10%,0.58 times and 2.5 respectively. (HINT: Ch3 PPT Slides 56 61 (End-of-Chapter Problem Q5)) Question 6 ( 6.25 points) If a firm's total asset turnover ratio is 2.0 , which of the following is true? Its annual sales are two times its total assets. It is possible that its fixed asset turnover ratio is 1.5 . Its annual sales are less than its total assets. It is possible that its fixed asset turnover ratio is less than 2