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Smith Bakery has current assets of $ 6 0 , 0 0 0 , total assets of $ 1 5 0 , 0 0 0

Smith Bakery has current assets of $60,000, total assets of $150,000, current liabilities of $25,000, total debt of $75,000, sales of $100,000, operating profits of $20,000, and net profits of $10,000. Based on this information, what is Smith's asset turnover?
a.0.07
b.1.50
c.0.13
d.0.67

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