Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 25 Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity Net income 2021 2020 $ 48,000 $ 40,000 32,000 43,000 237,600 207,000 122,000 112,000 433,000 409,000 248,000 229,000 38,500 32,000 Hulkster's 2021 asset turnover is: (Round your answer to 2 decimal places.) Multiple Choice 3.55. O 2.97 O 2.21. O 0.56