Plum, Inc. provides the following data: 20X2 20X8 Assets Current Assets: Cash and Cash Equivalents Accounts Receivable, Net $39,000 $25,000 Merchandise Inventory Total Current Assets 38,000 62,000 57,000 50.000 $134,000 137,000 $121,000 120,000 $255,000 $257,000 Property, Plant, and Equipment, Net Total Assets For the year ending December 31, 20X9: Net Credit Sales $530,000 Cost of Goods Sold (170,000 Gross Profit $360,000 There are no cash sales. Calculate the asset turnover ratio for 20X9. 2.07 times 0 0.67 times 1.04 times 3.96 times