The comparative financial statements of Seward, Inc. include the following data: Income Statement Net Sales Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Tax Expense Net Income Balance Sheet Current Assets Plant, Property and Equipment, Net Current Liabilities Long-Term Liabilities Stockholders' Equity Total Liabilities & Stockholders' Equity The fixed asset turnover ratio for the current year is closest to: Current Year Prior Year $138,000 59,000 39,800 4,300 5,800 29,100 123,000 106,000 49,000 47,000 133,000 229,000 $108,000 51,000 32,800 4,300 4,800 15,100 103,000 113,000 42,000 47,000 127,000 216,000

The comparative financial statements of Seward, Inc. include the following data: The fixed asset turnover ratio for the current year is closest to