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6 . JayJay Company reported beginning and ending total assets of $ 2 2 0 comma 0 0 0 $ 2 2 0 , 0

6. JayJay Company reported beginning and ending total assets of $ 220 comma 000$220,000 and $ 360 comma 000$360,000, respectively. Its net sales for the year was $ 362 comma 500$362,500. What was JayJay Company's asset turnover ratio? Question content area bottomPart 1Begin by selecting the formula to calculate the company's asset turnover ratio. Then enter the amounts and calculate the ratio. (Round the asset turnover ratio to two decimal places, X.XX.)

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