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The following information was reported by Amuse Yourself Parks (AYP): Net fixed assets (beginning of year) $ 9,440,000 9,240,000 Net fixed assets (end of year)

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The following information was reported by Amuse Yourself Parks (AYP): Net fixed assets (beginning of year) $ 9,440,000 9,240,000 Net fixed assets (end of year) Net sales for the year 4,296,400 Net income for the year 1690,000 Compute the company's fixed asset turnover ratio for the year. Fixed Asset Turnover Ratio Numerator Denominator

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