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Asset Traded for Similar Asset A printing press priced at a fair market value of $373,100 is acquired in a transaction that h
Continuing Company Analysis-Amazon: Fixed asset turnover ratio Amazon.com, Inc. is the worlds leading Internet retailer of m

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Asset traded for similar asset
Answer a Amount $ Answer b Amount $
Fair market value 373,100.00 Trade-in-allowance 164,200.00
Less: Trade-in-allowance 164,200.00 Less: Book value 147,800.00
Cash paid 208,900.00 Gain on sale     16,400.00
Fixed Asset turnover ratio Amazon Netflix
Sales      88,988.00          5,505.00 A
Average book value of Fixed Assets      13,958.00              142.00 B
Fixed Asset turnover ratio                  6.4                  38.8 C=A/B
Fixed Asset turnover ratio of Netflix is high. So Netflix is more efficient in generating sales from fixed assets.
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