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25. Point Company's 2016 asset turnover was 3.0. The firm's total assets were $10,000,000 at January 1, 2016 and $12,400,000 at December 31, 2016. Net

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25. Point Company's 2016 asset turnover was 3.0. The firm's total assets were $10,000,000 at January 1, 2016 and $12,400,000 at December 31, 2016. Net sales for 2016 were: A) $25,200,000 B) $ 5,511,112 C) $27,900,000 D) $33,600,000

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