Bauer Masks in Tuscon, Arizona is a firm that specializes in recyclable masks. They have a total asset turnover ratio of 3.3. What does this indicate? Multiple Choice For every $1 in assets, the firm earned $3.3 in net income For every $1 in assets, the firm produced $3.3 in net sales during the period. For every $1 in sales, the firm acquired $3.3 in assets during the period.