Kaleb's Karate Supply had a profit margin of 12 percent, sales of $21.8 million, and total assets of $9.3 million. a. What was the total asset turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If management set a goal of increasing total asset turnover to 275 times, what would the new sales figure need to be, assuming no increase in total assets? (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole dollar, e.g., 1,234,567.) x Answer is complete but not entirely correct. a. > Total asset turnover Sales times 2.34 21.762,000 b. $ X