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During 2021 , Crane Corporation reported net sales of $2400000, net income of $1199000, and depreciation expense of $100800. Crane also reported beginning total assets

image text in transcribed During 2021 , Crane Corporation reported net sales of $2400000, net income of $1199000, and depreciation expense of $100800. Crane also reported beginning total assets of $994000, ending total assets of $1506000, plant assets of $809000, and accumulated depreciation of $504000. Crane's asset turnover is 1.59 times. 0.48 times. 2.41 times. 1.92 times

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