Deflorio Corporation's inventory at the end of Year 2 was $159,000 and its inventory at the end of Year 1 was $143,000. The company's total assets at the end of Year 2 were $1,431,000 and its total assets at the end of Year 1 were $1,396,000. Sales amounted to $1,360,000 in Year 2.The company's total asset turnover for Year 2 is closest to:

Multiple Choice

• 9.36
• 0.96
• 9.01
• 1.04