1. What percentage of total fixed assets does the largest account (identified in the previous question) represent? Hint: use the net carrying value. Record your answer in percentage format and round to the second decimal.
2. Calculate The Companys fixed asset turnover ratios for fiscal 2019 : (Round your answer to the second decimal)
3. Calculate The Companys fixed asset turnover ratios for fiscal 2018 : (Round your answer to the second decimal)
4. What does the change in the fixed asset turnover ratio from fiscal 2018 to 2019 suggest?

1. The ratio increased because the Company deteriorated its use of fixed assets to generate revenues.
2. The ratio increased because the Company improved its use of fixed assets to generate revenues
3. The ratio decreased because the Company deteriorated its use of fixed assets to generate revenues
4. The ratio decreased because the Company is now generating substantially more revenues.

ROOTS CORPORATION Notes to Consolidated Financial Statements For the 52-week pericds ended February 1, 2020 and February 2, 2019 (In thousands of Canadian dollars, except share and per share amounts) ) 6. Fixed assets Computer hardware Furniture and fixtures Equipment Computer software Leasehold Improvements Finance leases Total Cost $ $ S $ $ Balance, February 3, 2018 Additions Disposale/adustments 1,122 7,987 $ 1,112 1,114 527 (30) $ 4,230 1.484 (128) 8,969 4,947 32,871 22,770 (3,208) 49,418 37,695 13.660 1,611 5,266 9,109 13,916 52,433 Balance, February 2, 2010 IFRS 16 transition adjustments (Note 2) Balance, February 3, 2019 1,112 (1,112) 83,147 (1.112) $ 1,611 S 5.266 S 9,109 $ 13,916 $ 52,433 $ $ 92,336 Additions Disposals adjustments 4,094 101 (10) 601 (56) 1,873 15,651 (1,320) 22,320 (1,388) Balance, February 1, 2020 $ 1,702 $ $ 5.311 $ 10,982 $ 18,010 $ 66.764 $ $ 1 103.269 Accumulated depreciation and impairment losses Balance, February 3, 2018 Depreciation Disposale adjustments Fixed asset impaiment $ S S $ $ $ $ $ 201 230 (30) 712 835 (428) 161 126 2,585 1,295 212 106 8,476 6.546 (3,208) 1,375 12,437 9,138 (3,666) 1,375 491 1,119 287 - 3,880 13,189 31a (318) 19,284 1319) Balance. February 2, 2019 IFRS 16 transition adjustments (Note 2) Balance, February 3, 2019 $ 491 $ 1,119 S 287 $ 3,880 $ 13,189 $ $ 18,966 673 1,841 Depreciation Disposals adjustments Fored asset impaiment 195 (10) 846 (56) 7.257 (1,320) 19,183 10,812 (1,386) 19,183 Balance, February 1, 2020 $ 676 $ 1,909 S 960 S $ 5,721 $ $ 38,309 $ - $ $ 47.575 Carrying amount February 2, 2019 February 1, 2020 $ $ S $ $ 794 $ 1.120 1,020 4.147 3,902 2,822 10,022 $ 10,036 12,289 39,244 28,456 84,183 55,694 65