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The following data relates to Laurier Inc. Total assets, December 31, year 1 172000 Total assets, December 31, year 2434000 Total liabilities, December 31, year

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The following data relates to Laurier Inc. Total assets, December 31, year 1 172000 Total assets, December 31, year 2434000 Total liabilities, December 31, year 1 68000 Total liabilities, December 31, year 2 131000 Sales for year 2 1520000 Income for year 2 36000 Calculate the total asset turnover rate for year 2. Round your answer to two digits

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