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      Question

      Calculate the Fixed Assets Turnover Ratio.

      Refer to the following information to answer the next 4 questions (Q15 to Q18):
      A 2 Times Correct Answer Incorrect Answer
      B 0.5 Times Correct Answer Incorrect Answer
      C 5 Times Correct Answer Incorrect Answer
      D 2.5 Times Correct Answer Incorrect Answer
      E 3 Times Correct Answer Incorrect Answer

      Solution

      Fixed Assets Turnover Ratio = Net Sales/ Net Fixed Assets 12,00,000/ 24,00,000 = 0.5

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