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The following information was reported by Amuse Yourself Parks (AYP) for 2010: Net fixed assets (beginning of year) $ 8,460,000 Net fixed assets (end of

The following information was reported by Amuse Yourself Parks (AYP) for 2010:

Net fixed assets (beginning of year) $ 8,460,000
Net fixed assets (end of year) 8,260,000
Net sales for the year 4,180,000
Net income for the year 1,750,000

1. Compute the companys fixed asset turnover ratio for the year.

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