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Redbell Shoes Inc. has the following balance sheet and the income statement. The company had so million shares of common stock outstanding and its market

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Redbell Shoes Inc. has the following balance sheet and the income statement. The company had so million shares of common stock outstanding and its market price of the common stock was $75 at the end of 2015. Make sure the unit is in milion dollar (units in milions Southeast Systems alance sheet 2011 2015 2014 2015 Cash $1,050 $1,250 Accounts payable $450 $500 Accounts recaivahi SOG 500 Notes payable 300 400 Inventory 500 600 Long termet 530 700 Net fixed 1.000 1.000 Communequity 300 500 Retaloudeaming 1.450 1.559 Total sats $3,050 $1,050 Total Liabilities $3,050 $3,650 Owner's guy Income statement Nor sales Cost of goods sold Deprecation EBIT Interest expenses Taxable income Income Taxes Not income 2015 55.000 3.250 250 $500 300 $150 What is the total asset turnover (TATO) for 2015 015 112 149 AS

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