Problem $2$: Calculate the following Asset Utilization ratios for Got It Right. $($Use year$-$end figure rather than average values when appropriate$)$

$2$a$.$ The Total asset turnover for the year $CY$ is

$2$a$.$ Points: $3\mathrm{.}34$ times.

$2$b$.$ The Inventory turnover for the year $CY$ is times.

$2$b$.$ Points: $3\mathrm{.}33$

$2$c$.$ The Receivables turnover for the year $CY$ is times.

$2$c$.$ Points: $3\mathrm{.}33$