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Vaughn Manufacturing reported the following data: 2020 2021 Sales $3020000 $4770000 Net Income 293000 396000 Assets at year end 1780000 2560000 Liabilities at year end

Vaughn Manufacturing reported the following data:

2020

2021
Sales

$3020000

$4770000
Net Income

293000

396000
Assets at year end

1780000

2560000
Liabilities at year end

1180000

1470000

What is Vaughns asset turnover for 2021?

2.68

2.20

1.91

1.86

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