Search CHO2SM Se Student (2) - Excel AutoSave Om 8 Data Review Help QuickBooks Draw Formulas View Developer File Home Page Layout Insert - A A Times New Roman 14 General Wrap Text Xan IN Copy Format Painter Clipboard OA ESSE I 50 Merge & Center $ -% -8 Condition: Formatting Alignment Number C12 1 D E F G H C I 1 2 Problem 2-29 3 If JPJ Corp (the company in Problem 28) is able to increase sales by 10% but keep its total and fixed asset growth to only 5%, what will its new asset turnover ratios be? 4 4 5 New 6 7 8 Sales Total Assets Fixed Assets Old $1,000 $5,000 $3,000 Old (In Thousands) (In Thousands) (In Thousands) 9 New 10 Fixed Asset Turnover Total Asset Turnover 11 12 13 14 15 16 2-9 2-10 211 212 2-16 2-28 2-29 2-30 2-31 2-32 2-33 2-37 Global Conglomerate Corporation Heady BB IH Type here to search e