Question: During 2 0 2 5 , ABC Service Corporation reported net sales of $ 2 , 5 0 0 , 0 0 0 , net

During 2025, ABC Service Corporation reported net sales of $2,500,000, net income of $1,320,000, and depreciation expense of $80,000. ABC also reported beginning total assets of $1,000,000, ending total assets of $1,500,000, plant assets of $800,000, and accumulated depreciation of $500,000. Calculate ABC 's asset turnover ratio.
 During 2025, ABC Service Corporation reported net sales of $2,500,000, net

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