O O A company provides the following data: Annual sales = $40 billion EBIT profit margin = 5% Return on assets = 16% Which of the following statements is correct? The company's EBIT is $2 billion, and its Asset turnover is 0.8 times p.a. The company's average total assets is $12.5 billion, and its Asset turnover is 0.8 times p.a. The company's average total assets is $12.5 billion, and its Asset turnover is 3.2 times p.a. The company's average total assets is $128 billion, and its Asset turnover is 3.2 times p.a. The company's EBIT is $64 billion, and its Asset turnover is 0.8 times p.a