Sales for the year were $175,000.

The balance sheet at the end of the year is given below:

Assets			Liabilities and Equity
Cash	8,000		Accounts payable	21,000
Marketable securities	2,000		Notes payable	6,000
Accounts receivable	3,000		Current liabilities	27,000
Inventory	39,000		Long-term debt	95,000
Current assets	52,000		Total liabilities	122,000
Machines	34,000		Paid-in capital	20,000
Real estate	80,000		Retained earnings	24,000
Net fixed assets	114,000		Equity	44,000
Total assets	166,000		Total liab. & equity	166,000

What is the fixed asset turnover ratio?

What is the total asset turnover ratio?