Selected data from the Florida Fruit Company are presented below: Total assets Average total assets Net income Net sales Average common stockholders' equity Net cash provided by operating activities $1,500,000 1,850,000 4 175,000 1,300,000 1,000,000 275,000 Assuming that no dividends were declared or paid during the period.

Selected data from the Florida Fruit Company are presented below: Assuming that no dividends were declared or paid during the period. Compute asset turnover. (Round answer to 2 decimal places, e.g. 0.25.)