Everett, Inc - Refer to the Information Provided for Everett, Inc

Everett, Inc.
Information for Everett, Inc. for 2011 and 2010 is presented below. Everett uses the straight-line depreciation method.
$\begin{array}{lll}&\underline{2011}&\underline{2010}\\\text { Fixed assets } & \$ 250,000 & \$ 190,000 \\\text { Accumulated depreciation } & 100,000 & 85,000 \\\text { Depreciation expense } & 62,500 & 47,500 \\\text { Total revenues } & 525,000 & 405,000 \\\text { Total assets } & 625,000 & 475,000\end{array}$
- 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