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The owing contains the beginning and ending balances of Iconic Brand's assets on its balance sheet Ending Balance Balance Balance Beginn Assets 135.000 $ 126,000

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The owing contains the beginning and ending balances of Iconic Brand's assets on its balance sheet Ending Balance Balance Balance Beginn Assets 135.000 $ 126,000 Accounts receivable 245.000 1302 000 Invertory 477.000 T L us 000 Eqpment net 374.000 600.000 Building (vacan, unused) 1400.000 In addition, the company had sales of 54,230.000, operating expenses of $3.855.000, and interest expense of $234.000. What was turnover for the company Round to the nearest hundredth. 2.87 10.44

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