Selected current year company information follows:

Net income	$ 16,053
Net sales	713,855
Total liabilities, beginning-year	84,932
Total liabilities, end-of-year	104,201
Total stockholders' equity, beginning-year	199,935
Total stockholders' equity, end-of-year	123,351

The total asset turnover is: (Do not round intermediate calculations.)

Multiple Choice

• 2.79 times

• 2.25 times

• 6.27 times

• 3.14 times

• 2.51 times