The following information was reported by Young's Air Cargo Service for 2017: Net fixed assets (beginning of year) Net fixed assets (end of year) Net operating revenues for the year Net income for the year $1,840,000 2,210,000 3,290,000 1,520,000 Compute the company's fixed asset turnover ratio for the year. (Round your answer to 2 decimal places.) Fixed asset turnover ratio