The Wilson Company Has Provided the Following Information

Multiple Choice

The Wilson Company has provided the following information:
Net sales,$100,000;
Net operating income,$40,000;
Net income,$20,000;
Average total assets,$120,000;
Average net fixed assets; $80,000.
What is Wilson's fixed asset turnover ratio?

A) 0.83
B) 1.25
C) 0.25
D) 0.50.