Consider the following financial data on a firm: Receivables collection period$=30$ days; Accounts receivables$=300$; Total Assets$=1000$; Tax rate$=35\%.$ What is the asset turnover ratio of the firm? Note: Find out total sales first.

A$.36\mathrm{.}5\%$ B$.11\mathrm{.}0\%$ C$.90\mathrm{.}4\%$ D$.3\mathrm{.}3\%$