Determine the 2019 Asset Turnover and Return on Assets for Physics Laboratories using the financial statement information below:

	2019	2018
Total assets	$840,400	$761,800
Net sales	5,005,000	4,800,000
Cost of goods sold	2,800,000	3,000,000
Net income	1,584,000	1,100,000

a.

Asset Turnover 6.25; Return on Sales 1.98

b.

Asset Turnover 5.96; Return on Sales 1.89

c.

Asset Turnover 1.98; Return on Sales 6.25

d.

Asset Turnover 1.89; Return on Sales 5.96