Question 4 if you know that a company made $10,000 in Net Sales and its Average Total Assets is $8,400. Then, Assets Turnover Ratio is 1.190 True False Question 5 In depletion, estimating recoverable reserves is treated the same way we treat changes in estimates for PP&E. True O False Question 6 If the carrying value of a building is $220,000; the fair-value-less cost-to-sell is $118,000 and its value-in-use is $129,000. The impairment cost would be $11,000. O True False