The following information was reported by Amuse Yourself Parks (AYP): Net fixed assets (beginning of year)...

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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 $ 8,490,000 8,290,000 4,111,100 1,930,000 Net income for the year Required: Compute the company's fixed asset turnover ratio for the year. Numerator Denominator Fixed Asset Turnover Ratio 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 $ 8,490,000 8,290,000 4,111,100 1,930,000 Net income for the year Required: Compute the company's fixed asset turnover ratio for the year. Numerator Denominator Fixed Asset Turnover Ratio