Question: Fixed Asset Turnover Ratio Financial statement data for years ending December 31 for DePuy Company follows: 2016 2015 Sales $5,510,000 $4,880,000 Fixed assets: Beginning of

Fixed Asset Turnover Ratio

Financial statement data for years ending December 31 for DePuy Company follows:

2016 2015
Sales $5,510,000 $4,880,000
Fixed assets:
Beginning of year 1,600,000 1,450,000
End of year 2,200,000 1,600,000

a. Determine the fixed asset turnover ratio for 2016 and 2015. Round your answers to one decimal place.

Fixed asset turnover
2016
2015

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