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The financial statements of Turner Company include the following data: 2017 Sales Cost of Goods Sold Net Lasn Proiaea rrom uperating Net Income Dividends Earnings

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The financial statements of Turner Company include the following data: 2017 Sales Cost of Goods Sold Net Lasn Proiaea rrom uperating Net Income Dividends Earnings per Share $ 275,000 110,000 82,500 91,100 82,500 11,000 0.46 Turner Company Balance Sheet December 31 Dec 31, 2017 194,700 31,300 94,300 Dec 31, 2016 Assets S 95,500 37,300 81,100 320,300213.900 138,000 $ 351,900 Cash Accounts Receivable, net Inventory Total Current Assets 119,000 $ 439.300 Plant Assets, net Total Assets Liabilities and Stockholders' Equity Current Liabilities 10% Bonds Payable 47,800 52,000 99,800 $ 43,900 51,000 94,900 175,000 Total Liabilities 186,000 Common Stock, $1 par Retained Earnings 153,500 339,500 82,000 257,000 $ 351,900 Total Stockholders' Equity Total Liabilities and Stockholders' Equity $439,300 Required: ratio for 2017. Round your answer to the nearest percentage. (If necessary, consult a list of formulas.) 0% Compute the asset turnover Asset turnover ratio

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