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Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below. Accounts receivable Merchandise inventory Net sales Cost of goods sold Total
Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below. Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders equity Net income 2021 $ 48,000 32,000 237,600 122,000 433, 000 2020 $ 40,000 43,000 207,000 112,000 409,000 248,000 229,000 38,500 32,000 Hulkster's 2021 asset turnover is: (Round your answer to 2 decimal places.)
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