Hello, I'm trying to calculate the Asset Turnover Ratio. I would like to know which formula I should use to get a correct answer? I'm getting two different ones.

#1

Net Income/Total Assets=Asset Turnover Ratio

ex. 16,000/95,000=0.16

OR

#2

Total Sales/Total Assets=Asset Turnover Ratio

ex. 101,000/95,000=1.06

Thank you!