Pizza, Inc. provides the following data:

	2019	2018
Assets
Current Assets:
Cash and Cash Equivalents	$30,000	$25,000
Accounts Receivable, Net	37,000	62,000
Merchandise Inventory	59,000	50,000
Total Current Assets	$126,000	137,000
Property, Plant, and Equipment, Net	$124,000	120,000
Total Assets	$250,000	$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 decimal places.)

		a. 2.01 times
		b.4.05 times
		c.1.01 times
		d. 0.64 times