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Babino had net sales of $53,800,000 for the year ended May 31,2024 . Its beginning and ending total assets were $53,800,000 and $89,400,000, respectively. Determine

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Babino had net sales of $53,800,000 for the year ended May 31,2024 . Its beginning and ending total assets were $53,800,000 and $89,400,000, respectively. Determine Babino's asset turnover ratio for the year ended May 31, 2024. (Round the asset turnover ratio to two decimal places, X.XX.)

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