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According to the information presented below, can you calculate the Asset Utilization Ratio for Alternatives, INC? *Round your answer to the nearest two decimals

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According to the information presented below, can you calculate the Asset Utilization Ratio for Alternatives, INC? *Round your answer to the nearest two decimals (nearest hundredth), if needed. Please type your answer as a decimal and not as percentage (i.e., 0.052 and not 5.2). Please do not type symbols in your answer (e.g., $, %, ...) EXTRACT FROM FINANCIAL STATEMENTS Alternatives, INC Balance Sheet Extract Cash & Equivalents $12,758,269 Receivables $2,645,992 Inventory $8,246,929 Total Current Assets $23,209,614 Total Non-Current Assets $12,281,321 Payables $2,059,824 Total Current Liabilities $11,032,604 Total Liabilities $14,528,056 Number of Shares Outstanding 1,364,737 Shareholders' Equity ??? Price per Share $100 Alternatives, INC Income Statement Extract Total Revenue $43,889,416 Cost of Goods Sold $25,380,713 Depreciation $942,580 Operating Expenses $13,019,957 Interest Expense $1,158,767 Earnings before Interest and Taxes ??? (EBIT) Net Income Payout Ratio ??? 49

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