Maggins Inc The Asset Turnover Ratio of Maggins Inc

Maggins Inc. gives you the following information pertaining to the year 2020:
$\begin{array}{llcc} \text { Net sales............................................................ } & \$880,000\\ \text { Cost of goods sold..............................................} &550,000\\ \text { Current assets.................................................... } &525,000\\ \text { Current liabilities.............................................. } &262,500\\ \text { Average total assets...........................................} &950,000\\ \text { Total liabilities.................................................. } &577,500\\ \text { Net income....................................................... } &165,000\\\end{array}$
The asset turnover ratio of Maggins Inc. is

A) 0.56.
B) 0.17.
C) 0.93.
D) 1.08.