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At the beginning of the year, Rodriguez Company had total assets of $ 9 0 0 , 0 0 0 and at the end of

At the beginning of the year, Rodriguez Company had total assets of $900,000 and at the end of the year, its total assets were $1,100,000. Rodriguezs net sales for the year were $1,850,000 and its net income was $55,000.
Rodriguezs asset turnover ratio for the year is:
Select one:
a.0.055
b.0.065
c.0.050
d.1.850
e. None of these

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