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The following data are from annual reports of Jen's Jewelry Company.

The following data are from annual reports of Jen's Jewelry Company.

 

                                                    2012        2011         2010

  Total assets                           $60,800   $53,700   $40,900   

  Total liabilities                        14,100    11,900    5,300   

  Total stockholders' equity    46,700    41,800    35,600   

  Sales revenue                        143,600    150,600    131,900   

  Net income                             50,100    40,200    24,200   


 

Compute Jen's total asset turnover ratio for 2012 and 2011.

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