During the latest year, XYZ Corporation has total sales of $400,000, net income of 10,000, and its year-end total assets were $250,000. The firm's total debt to total assets ratio was 40%. What is firm's total assets turnover ratio? Enter your answer as a number rounded to 2 decimal places; example 1.12. Your Answer: 1.60 Answer . View hint for Question 3 12 15 Question 4 (0.2 points) What is the simple (undiscounted) payback period in years for a $100,000 project with expected cash flows of $25,000 each of the first two years and $13,000 for each year after Your