Shutter Bee Photo reported the following figures on its December 31, 2024, income statement and balance sheet: (Click the icon to view the figures.) Compute the asset turnover ratio for 2024. Round to two decimal places. Asset turnover ratio Data table Net sales $ 470,000 Dec. 31, 2024 Dec. 31, 2023 Cash $ 18,000 $ 38,000 Accounts Receivable 58,000 68,000 Merchandise Inventory 76,000 70,000 Prepaid Expenses 5,000 13,000 Property, Plant, and Equipment, net 200,000 11,000