Selected Current Year Company Information Follows The Total Asset Turnover Is:
A) 2

Multiple Choice

Selected current year company information follows: $$\begin{array} { l | r } \text { Net income } & \$ 15,953 \\\hline \text { Net sales } & 712,855 \\\hline \text { Total liabilities, beginning-year } & 83,932 \\\hline \text { Total liabilities, end-of-year } & 103,201 \\\hline \text { Total stockholders' equity, beginning-year .... } & 198,935 \\\hline \text { Total stockholders' equity, end-of-year } & 121,851\end{array}$$ The total asset turnover is:

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