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Question 39 1.5 pts Apple Chips Corp. had net sales of $204,550 for the year ended December 31, 2017. Its beginning and ending total assets

Question 39 1.5 pts Apple Chips Corp. had net sales of $204,550 for the year ended December 31, 2017. Its beginning and ending total assets were $83,200 and $116,500, respectively. Determine the asset turnover ratio for the year ended December 31, 2017. (Round your answer to two decimal places.) 1.16 times O 0.49 times 2.46 times 2.05 times .82 times

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