Activity Take: Practice! Fixed Asset Turnover Ratio Question 1 1 pt Fixed Asset Turnover Ratio Financial statement data for years ending December 31 for DePuy Companyfollow Year 2 Year 1 $2,172,800 $1,813,000 Fixed assets: Beginning of year 542,000 494,000 End of year 544 400 542,000 a. Determine the fixed asset turnover ratio for Year 1 and Year 2. Round your answers to one dedimal place. Fixed asset turnover Year 1 Year 2 b. Does the change in the fixed asset turnover ratio from Year 1 to Year 2 indicate a favorable or an unfavorable change? Submit Answer Try Another Version