The company has net sales revenue of $5.8 million during 2018. The company's records also included the following information: Assets 12/31/17 12/31/18 Property, plant and equipment $ 3.4 million $ 4.7 million Licensing agreements $ 1.6 million $ 1.5 million Goodwill $ 1.4 million $ 1.4 million Investments $ 1.5 million $ 1.6 million What is the company's fixed asset turnover ratio for 2018?

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position