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Winky Flash Photo reported the following figures on its December 3 1 , 2 0 2 4 , income statement and balance sheet: ( Click

Winky Flash Photo reported the following figures on its December 31,2024, income statement and balance sheet: (Click the icon to view the figures.)
Compute the asset turnover ratio for 2024. Round to two decimal places.
Net sales
Average total assets
=
Asset turnover ratio
=
Data table
\table[[Net sales,$,470,000],[Dec.31,2024,Dec. 31,2023],[Cash,$,38,000$,24,000],[Accounts Receivable,,44,000,68,000],[Merchandise Inventory,,69,000,75,000],[Prepaid Expenses,,6,000,11,000],[Property, Plant, and Equipment, net,,180,000,11,000]]
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