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The balance sheet of Renatos Pizza reports total assets of $1,500,000 and $1,700,000 at the beginning and end of the year, respectively. Net income and

The balance sheet of Renatos Pizza reports total assets of $1,500,000 and $1,700,000 at the beginning and end of the year, respectively. Net income and sales for the year are $240,000 and $2,000,000, respectively. What is Renatos Pizza's asset turnover? A) 1.25 times. B) 1.33 times. C) 8.33 times. D) 0.80 times.

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