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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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