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Pizza, Inc. provides the following data: 2019 2018 Assets Current Assets: Cash and Cash Equivalents Accounts Receivable, Net Merchandise Inventory Total Current Assets Property, Plant,

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Pizza, Inc. provides the following data: 2019 2018 Assets Current Assets: Cash and Cash Equivalents Accounts Receivable, Net Merchandise Inventory Total Current Assets Property, Plant, and Equipment, Net Total Assets $30,000 37,000 59.000 $126,000 $124.000 $250,000 $25,000 62,000 50.000 137,000 120.000 $257,000 For the year ending December 31, 2019: Net Credit Sales $510,000 Cost of Goods Sold (160.000) Gross Profit $350,000 Calculate the asset turnover ratio for 2019. There are no cash sales. (Round your answer to two decima O A. 4.05 times OB. 0.64 times O C. 1.01 times OD. 2.01 times

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