Selected Current Year Company Information Follows: Net Income $~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\$$ 15,953
Net Sales

Multiple Choice

Selected current year company information follows: Net income $~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\$$ 15,953
Net sales $~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~$ 712,855
Total liabilities, begirning-year $~~~~~~~~~~~~~~~~~~~~~~$ 83,932
Total liabilities, end-of-year $~~~~~~~~~~~~~~~~~~~~~~~~~~$ 103,20
Total stockholders' equity, begirnirg-year $~~~~~~~~~$ 198,935
Total stockholders' equity, end-of-year $~~~~~~~~~~~~~$ 121,85




The total asset turnover is:

A) 2.24 times
B) 2.81 times
C) 3.64 times
D) 4.67 times
E) 6.28 times