Guttery Corporation has provided the following financial data from its balance sheet:

	Product X			Product Y
Accounts receivable, net	$	112,000		$	110,000
Inventory	$	174,000		$	150,000
Total assets	$	1,236,000		$	1,250,000

Sales on account in Year 2 totaled $1,450,000 and cost of goods sold totaled $900,000.

The companys total asset turnover for Year 2 is closest to:

Multiple Choice

1.17

0.85

11.04

0.09