1. Carson Inc. had the following information available at the end of its current year:

Sales	$2,000,000
Net operating income	500,000
Average operating assets	1,200,000

Refer to the Carson Inc. information above. What was Carson's asset turnover for the year?

Select one:

a. 2.400

b. 0.417

c. 0.250

d. 1.667

2.