Flexsteel Industries manufactures furniture for the retail, contract, and recreational vehicle furniture markets. The company reported the following results from last year's operations: Sales $ 19,800,000 Variable expenses 12,230,000 Contribution margin 7,570,000 Fixed expenses 3,394,000 $4 4,176,000 Net operating income The company's average operating assets were $7,000,000. Last year's asset turnover was closest to:

A)0.35

B)0.21

C)2.83

D)4.74