Silver Bullet Ranch had net sales of $340,000 and total assets of $208,500. Find the asset turnover ratio. (Round to the nearest hundredth)
A) 1.48:1
B) 0.83:1
C) 112.0:1
D) 1.63:1

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The Answer of Silver Bullet Ranch had net sales of $340,000 and total assets of $208,500. Find the asset turnover ratio. (Round to the nearest hundredth)
A) 1.48:1
B) 0.83:1
C) 112.0:1
D) 1.63:1

Silver Bullet Ranch Had Net Sales of $340,000 and Total