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The following data relates to Laurier Inc. Net book value of fixed assets, December 31,...

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Accounting

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The following data relates to Laurier Inc. Net book value of fixed assets, December 31, year 1 136000 Net book value of fixed assets, December 31, year 2 317000 Total liabilities, December 31, year 1 90000 Total liabilities, December 31, year 2 134000 Sales for year 2 1040000 Income for year 2 32000 Calculate the fixed asset turnover rate for year 2. Round your answer to two digits e.g., 2.86. Your Answer: Answer MacBook Pro

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