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Excerpts from Hulkster Company's December 3 1 , 2 0 2 4 and 2 0 2 3 , financial statements are presented below: 2 0

Excerpts from Hulkster Company's December 31,2024 and 2023, financial statements are presented below:
20242023
Accounts receivable $ 40,000 $ 36,000
Merchandise inventory 28,00035,000
Net sales 190,000186,000
Cost of goods sold 114,000108,000
Total assets 425,000405,000
Total shareholders' equity 240,000225,000
Net income 32,50028,000
Hulkster's 2024 asset turnover is closest to:

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