Everett, Inc. Information for Everett, Inc. for 2011 and 2010 Is Presented

Multiple Choice

Everett, Inc.
Information for Everett, Inc. for 2011 and 2010 is presented below. Everett uses the straight-line depreciation method.

- Refer to the information provided for Everett, Inc. Determine the fixed asset turnover ratio for Everett for 2011.

A) 2.10 times
B) 1.60 times
C) 4.00 times
D) 2.39 times