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Photo Pro Photo reported the following figures on its December 31, 2024, income statement and balance sheet: (Click the icon to view the figures

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Photo Pro 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 296,500 Asset turnover ratio i Data Table X Net sales $ 454,000 Cash Accounts Receivable Merchandise Inventory Prepaid Expenses Property, Plant, and Equipment, net Dec. 31, 2024 Dec 31, 2023 $ 30,000 $ 22.000 62,000 74,000 73,000 71,000 10,000 7,000 225,000 19,000 Print Done Choose from any list or enter ar Clear All