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Jumble Book Photo reported the following figures on its December 31, 2024, income statement and balance sheet: E! (Click the icon to view the figures.)

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Jumble Book Photo reported the following figures on its December 31, 2024, income statement and balance sheet: E! (Click the icon to view the figures.) Compute the asset turnover ratio for 2024. Round to two decimal places. Asset turnover ratio - Data Table Net sales $ 445,000 Cash Dec. 31, 2024 Dec. 31, 2023 $ 22,000 $ 32,000 58,000 62,000 Accounts Receivable 79,000 Merchandise Inventory Prepaid Expenses Property, Plant, and Equipment, net 10,000 130,000 78,000 7,000 20,000 Print Done

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