Handy Corner Stores reported the following asset values in 2002 and 2003: a SSS 2003 2002 Casi SRP isnt neces east rere erty ae Seen en ee Peer ai Pe ment Ll $ 30,000 $ 20,000 ACCOUNTS TeCelVabl ema nce cee aes eee TN eee 400,000 300,000 INVENTORY pe eter ute Uaioe ea. anh et Mim eer oe a ae an 600,000 350,000 Band sir tec mee cee See ee ht Re @ EA, 2-8 Ot 200,000 150,000 Buildings eae) St rier Sect, chan Cee Peeks sees AMER 600,000 500,000 EC UIPMGHU aera spray ¢-cscue cane oe rece See ce a ee i SSS le ee ae 300,000 200,000 In addition, Handy Corner had sales of $2,000,000 in 2003. Cost of goods sold for the year was $1,500,000. Compute Handy Corner’s fixed asset turnover ratio for 2003.