9. Sallys Company is a startup company that manufactures timber. Sally is currently looking for new investors and has a meeting with an investor. The investor wants to know how well Sally uses her assets to produce sales, so he asks for her financial statements.

Here is what the financial statements reported:

Beginning Assets: $50,000, Ending Assets: $100,000, Net Sales: $25,000

1. Calculate Sallys total asset turnover ratio.

b. What does this indicate for the new investor?