$9\mathrm{.}5$ Statement Presentation and Analysis

Urban Kicks has the following financial information for its most recent fiscal year:

Sales:

Beginning Total Assets:

Sales Returns and Allowances:

Ending Total Assets:

Sales Discounts:

$$5,682,500$

$$25,500,000$

$$29,000$

$$29,898,000$

$$10,000$

Determine the company's asset turnover.

$0\mathrm{.}18$ times

$0\mathrm{.}20$ times

$0\mathrm{.}48$ times

$0\mathrm{.}99$ times