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Huge Cart Inc. has the following information for 2 0 2 6 : Net sales $ 8 5 0 , 0 0 0 Cost of

Huge Cart Inc. has the following information for 2026:
Net sales $850,000
Cost of goods sold 500,000
Current assets 500,000
Current liabilities 250,000
Total assets 1,100,000
Average total assets 1,000,000
Total liabilities 550,000
Net income 150,000
The asset turnover ratio of Huge Cart Inc. is
a.0.50 b.0.15
c.0.85 d.1.18

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