Use the following financial statements to answer the question. Balance Sheet Sales Cash Accounts $ 6,700 14,600 Accounts payable Long-term debt $17,500 46,100 Costs of goods sold receivable Inventory 22,100 Common stock 25,000 Depreciation Net fixed 54,900 Retained earnings 9.700 Interest assets Total assets $98.300 Total liab & equity $98.300 Taxes Net income What is the price-sales ratio if the price per share is $8 and the par value per share is $1? OA) 1.48 OB) 1.91 Oc) 2.11 OD) 2.36 Use the following financial statements to answer the question. Balance Sheet Income Statement Cash $ 6,700 14,600 Accounts payable Long-term debt $17,500 46,100 Accounts receivable 22.100 Common stock 25,000 Inventory Net fixed 54.900 Retained earnings 9.700 assets Total assets $98.300 Total liab & equity $98.300 What is the total asset turnover? Income Statement Sales Costs of goods sold Depreciation Interest Taxes Net income $104,500 77,600 12,200 3,600 3,700 $ 7.400 $104,500 77,600 12,200 3,600 3,700 $ 7.400