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Alyssa's Tattoo Temple reported current assets of $57,000 and current liabilities totaling $48,349. Its net sales in 2020 equaled $256,000, its cost of goods sold
Alyssa's Tattoo Temple reported current assets of $57,000 and current liabilities totaling \$48,349. Its net sales in 2020 equaled $256,000, its cost of goods sold was $178,562, and its net profit after taxes was $6,854. The store's non-current assets were estimated at $28,000. Calculate the store's asset turnover. \begin{tabular}{r} 0.38 \\ \hline 2.05 \\ \hline 3.01 \\ 4.49 \end{tabular} None of the above
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