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* - X Data Table Net sales Cash Accounts Receivable Merchandise Inventory Prepaid Expenses Property, plant, and equipment, net $ 470,000 Dec. 31, 2016 Dec.
* - X Data Table Net sales Cash Accounts Receivable Merchandise Inventory Prepaid Expenses Property, plant, and equipment, net $ 470,000 Dec. 31, 2016 Dec. 31, 2015 $ 27,000 $ 32,000 32,000 85,000 81,000 70,000 6,000 16,000 190,000 15,000 Print Done Photo Pro Photo reported the following figures on its December 31, 2016, income statement and balance sheet: (Click the icon to view the figures.) Compute the asset turnover ratio for 2016. (Round the asset turnover to two decimal places, X.XX.) Asset turnover ratio 11
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