An analyst has compiled the following 2016 information about Steller Corp. (in millions).

• Income Statement Data:
• Net sales = $600, COGS = $300, SG&A expense = $50, Interest expense = $10, Income taxes = $56 and Net income = $184
• Balance Sheet Data:
• Beginning and ending total liabilities and equity = $1,125 and $1,275, respectively.

Based on the above data, Steller's total asset turnover is:

A.0.50x

B.Cannot be determined

C.0.53x

D.0.47x