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During 2022. Marigold Corp, reported net sales of $2450000, net income of $890000, and depreciation expense of $150000. Marigold also reported beginning total assets of
During 2022. Marigold Corp, reported net sales of $2450000, net income of $890000, and depreciation expense of $150000. Marigold also reported beginning total assets of $1010000, ending total assets of $1380000, plant assets of $730000, and accumulated depreciation of $750000. Marigold's asset turnover is (Round answer to 2 decimal places, e.g. 15.20.) 1.78 times. 2.43 times. 0.77 times. 2.05 times
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