Nillams Manufacturing uses scrap metal to produce varlous tools, such as drill bits, hammer heads, saw blades, and nalls. The CEO has asked you to analyze the saw blades division to determine asset turnover for last quarter. You find that the saw blades divislon had an ROI of 20%, sales of $16.00 million, and operating profits of $1.600 million. What was the asset turnover rate for last quarter