For 2022, Novak Company reported beginning total assets of $310,000 and ending total assets of $350,000. Its net income for this period was $50,300, and its net sales were $462,000. Compute the companys asset turnover for 2022. (Round answer to 2 decimal places, e.g. 52.75.)

Asset turnover

enter the companys asset turnover for 2017 rounded to 2 decimal places times