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Bacci had net sales of $50,600,000 for the year ended May 31, 2024. Its beginning and ending total assets were $54,400,000 and $92,800,000, respectively. Determine

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Bacci had net sales of $50,600,000 for the year ended May 31, 2024. Its beginning and ending total assets were $54,400,000 and $92,800,000, respectively. Determine Bacci'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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