Introduction to Accounting for Human Resource Professionals (Winter 2021-2022) / Online- Minden Co. has current assets of $180,000 (cash, $20,000; accounts receivable, $70,000; inventory, $90,000), and long-term assets that had cost $400,000, with amortization to date of $180,000. Sales were $500,000, and operating profit was $50,000. Tax was $20,000 and interest paid was $10,000. Minden Co.'s total asset turnover ratio is: O 3.3 times 2.3 times 1 time 1.25 times O 1.5 times Clear my choice