Consider the following financial data from the past year for Midwest Outdoor Equipment Corporation. Annual sales $24,324,000 Net income 2,975,000 Cost of goods sold 12,600,000 Total assets 10,550,000 Inventory 2,875,000 Receivables 3,445,000 Compute the profit margin. Note: Round your answer to 3 decimal places. Compute the asset turnover ratio. Note: Round your answer to 3 decimal places