asset turnover is? 1.88 2.00 1.81 1.94

vas X COD Real Industries Below are the two most recent balance sheets and most recent income statement for Real Industries. The company has an effective tax rate of 25%. Balance Sheet 2019 2018 Assets: Cash Accounts Receivable (net) Inventory Long-lived assets Less: Accumulated depreciation Total assets $10,000 6.000 8.000 12.000 4.000) $32.000 $ 6,000 1,500 10,000 11,000 2.000) $26.500 Liabilities and Stockholders' Equity: Accounts payable Deferred revenues Long-term note payable Less: Discount on note payable Common stock Retained camnings Total liabilities and stockholders' equity $ 5.000 1.000 10.000 (800) 12.000 4.800 $32.000 $ 6,000 2.000 10.000 (1,000) 6.000 3.500 $26.500 Income Statement For the year ended December 31, 2019 Revenues Cost of goods sold Depreciation expense Interest expense Bad debt expense Other expense (including income taxes) Net income $58.000 (34.000) (2.000) (3.000) (2.000) (9.000) S 8.000 Refer to the information for Real Industries. Reals total asset turnover