During 2016 ambiance company reported net revenue of, Financial Accounting

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During 2016 ambiance company reported net revenue of

During 2016, Ambiance Company reported net revenue of $4,088,000. The company reported net fixed assets of $640,000 on January 1, 2016 and net fixed assets of $820,000 on December 31, 2016.

Required:

a. Calculate the fixed asset turnover ratio. (Round your answer to one decimal place.)

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Financial Accounting: During 2016 ambiance company reported net revenue of

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Financial Accounting: During 2016 ambiance company reported net revenue of

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