For 2022, Grouper Company reported beginning total assets of $223,000 and ending total assets of $378,000. Its net income for this period was $46,500, and its net sales were $513,855. Compute the companys asset turnover for 2022. (Round answer to 2 decimal places, e.g. 1.25.)

Asset turnover

enter the assest turnover ratio in number of times rounded to 2 decimal places

times