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The following information is provided for Crane Company and Blue Spruce Corp.: (in $ millions) Crane Company Blue Spruce Corp. $375 $145 Net income 2017
The following information is provided for Crane Company and Blue Spruce Corp.: (in $ millions) Crane Company Blue Spruce Corp. $375 $145 Net income 2017 1795 4730 Net sales 2017 1095 2350 Total assets 12/31/15 1295 3150 Total assets 12/31/16 1170 4020 Total assets 12/31/17 What is Blue's asset turnover ratio (rounded) for 2017? 1.32 times 1.53 times 1.50 times 1.18 times
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