The Nike Co reports net income of $120,000, sales of $1,200,000, and average assets of $960,000. The net profit margin is: 12.5%. 10%. 125% 80%. Jotun Paint Corporation reported net income $24,000, net sales $400,000, and average assets $600,000 for 2020. What is the 2020 asset turnover? 0.67 times 4 times 15 times 1.5 times