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The following data relates to Laurier Inc. Total assets, December 31, year 1 142000 Total assets, December 31, year 2 353000 Total liabilities, December

The following data relates to Laurier Inc. Total assets, December 31, year 1 142000 Total assets, December 31, year 2 353000 Total liabilities, December 31, year 1 74000 Total liabilities, December 31, year 2 62000 Sales for year 2 1280000 Income for year 2 60000 Calculate the total asset turnover rate for year 2. Round your answer to two digits. Your Answer: Answer

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