$\backslash$table$[[$Income Statement,Balance Sheet$],[$Years Ending Dec ember $31,$January $1$ through December $31],[,$Years,,Years$],[$ACCOUNT$,,2006,,2007,,2008,$CATEGORY,,$2006,,2007,,2008],[$Net Sales,$$,330,$$$,441,$$$,462,$Current Assets,$$,82,$$$,94,$$$,111],[$Goods Sold,,$148,,200,,235,$Fixed A ssets,,$215,,208,,195],[\backslash$table$[[$Gross Profit$],[$Operating$]],$$$,182,$$$,241,$$$,227,$Total Assets,$$,297,$$$,302,$$$,306],[$Expenses$,,148,,163,,181,$Liabilities and Owner's Equity,,,,,,$],[$EBIT$,$$$,34,$$$,78,$$$,46,$Current Liabilities,$$,27,$$$,79,$$$,87],[$Interest$,,5,,7,,8,$Total Long$-$Tem Debt,,$68,,77,,70],[$EBT$,$$$,29,$$$,71,$$$,38,$Total Liabilities,$$,95,$$$,156,$$$,157],[$Taxes$,,8,,18,,10,$Owner's Equity,,$202,,146,,149],[$Net Profit,$$,21,$$$,53,$$$,28,$Total Liabilities & OE$,$$$,297,$$$,302,$$$,306]]$

Refer to Table $4-2.$ The Total Asset Turnover ratio for $2007$ was approximately

a$.1\mathrm{.}47.$

b$.1\mathrm{.}54.$

C$.1\mathrm{.}44.$

d$.1\mathrm{.}49.$

Table $4-2.$ Income Statement and Balance Sheet for Sam's A ppliances

$\backslash$table$[[$Income Statement,Balance Sheet$],[$Years Ending December $31,$January $1$ through December $31],[,$Years,,Years$],[$ACCOUNT$,,2006,,2007,,2008,$CATEGORY,,$2006,,2007,,2008],[$Net Sales,$$,330,$$$,441,$$$,462,$Current Assets,$$,82,$$$,94,$$$,111],[\backslash$table$[[$Cost of$],[$Goods Sold$]],,148,,200,,235,$Fixed A ssets,,$215,,208,,195],[$Gross Profit,$$,182,$$$,241,$$$,227,$Total Assets,$$,297,$$$,302,$$$,306],[\backslash$table$[[$Operating$],[$Expenses$]],,148,,163,,181,$Liabilities and Owner's Equity,,,,,,$],[$EBIT$,$$$,34,\frac{?}{\text{b}\text{a}\text{r}}($$$),\frac{?}{\text{b}\text{a}\text{r}}(\frac{?}{\text{b}\text{a}\text{r}}(7)),$$$,\frac{?}{\text{b}\text{a}\text{r}}(46),$Current Liabilities,$$,27,$$$,79,$$$,87],[$Interest$,,5,,7,,8,$Total Long$-$Term Debt,,$68,,77,,70],[$EBT$,\frac{?}{\text{b}\text{a}\text{r}}($$$),\frac{?}{\text{b}\text{a}\text{r}}(29),$$$,71,$$$,38,$Total Liabilities,$$,95,$$$,156,$$$,157],[$Taxes$,,8,,18,,10,$Owner's Equity,,$202,,146,,149],[$Net Profit,$$,21,$$$,53,$$$,28,$Total Liabilities & OE$,$$$,297,$$$,302,$$$,306]]$

Refer to Table $4-2.$ The Total Asset Turnover ratio for $2007$ was approximately

a$.1\mathrm{.}47.$

b$.1\mathrm{.}54.$

c$.1\mathrm{.}44.$

d$.1\mathrm{.}49.$