Sheffield Company and Bramble Corporation, two corporations of roughly the same size, are both involved in the manufacture of in-line skates. Each company depreciates its plant assets using the straight-line approach. An investigation of their financial statements reveals the following information.

		Sheffield Co.		Bramble Corp.
Net income		$ 850,000		$1,100,000
Sales revenue		1,147,500		1,045,200
Average total assets		2,550,000		2,010,000
Average plant assets		1,820,000		1,050,000

For each company, calculate the asset turnover. (Round answers to 2 decimal places, e.g. 0.60.)

		Sheffield Co.			Bramble Corp.
Asset turnover			times			times

Sheffield Company and Bramble Corporation, two corporations of roughly the same size, are both involved in the manufacture of in- line skates. Each company depreciates its plant assets using the straight-line approach. An investigation of their financial statements reveals the following information. Net income Sales revenue Average total assets Average plant assets Sheffield Co. $ 850,000 1,147,500 2,550,000 1,820,000 Bramble Corp. $1,100,000 1,045,200 2,010,000 1,050,000 (a) For each company, calculate the asset turnover. (Round answers to 2 decimal places, e.g. 0.60.) Sheffield Co. Bramble Corp. Asset turnover times times