Suppose that you are assigned to construct the balance sheet of a company with the following information:

- The company has cash, inventory, accounts receivables, fixed assets, short-term borrowings, accounts payables, long-term borrowings, and equity only.

- Short-term borrowings and long-term borrowings are interest bearing liabilities.

- The net working capital is twice the non cash working capital.

- Equity multiplier is 3,7.

- Debt to equity ratio is 1,4.

- Net debt, which is defined as debt minus cash is 500 TL.

- Cash is 200 TL.

- Net sales (all on credit) is 1.000 TL.

- Cost of goods sold is 1.170 TL.

- Accounts receivable turnover is 4.

- Accounts payable turnover is 1,8.

- Inventory turnover is 3,9.

You work hard and construct the balance sheet in the end. Accordingly, the fixed asset turnover is...

a. 0,91

b. 0,93

c. 0,95

d.0,97

6- Suppose that you are assigned to construct the balance sheet of a company with the following information: - The company has cash, inventory, accounts receivables, fixed assets, short-term borrowings, accounts payables, long-term borrowings, and equity only. - Short-term borrowings and long-term borrowings are interest bearing liabilities. - The net working capital is twice the non cash working capital. - Equity multiplier is 3,7. - Debt to equity ratio is 1,4 . - Net debt, which is defined as debt minus cash is 500TL. - Cash is 200TL. - Net sales (all on credit) is 1.000TL. - Cost of goods sold is 1.170TL. - Accounts receivable turnover is 4 . - Accounts payable turnover is 1,8 . - Inventory turnover is 3,9. You work hard and construct the balance sheet in the end. Accordingly, the fixed asset turnover is... a. 0,91 b. 0,93 c. 0,95 d. 0,97