The following information was reported by Amuse Yourself Parks (AYP): Net fixed assets (beginning of year) Net fixed assets (end of year) Net sales for the year Net income for the year Required: Compute the company's fixed asset turnover ratio for the year. Fixed Asset Turnover Ratio Numerator Net Sales Denominator Average Net Fixed Assets $ 8,490,000 8,290,000 4,195,000 1,910,000 || 0

The following information was reported by Amuse Yourself Parks (AYP): Required: Compute the company's fixed asset turnover ratio for the year