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An extract of a balance sheet is given. What is the total asset turnover ratio?
Balance Sheet (extract),
December 31st, 2xxx
Intangible Assets
5,000
Tangible Assets
10,000
Current Assets
5,000
Investments
5,000
Current Liabilities
10,000
13
Long Term liabilities
30,000
Net Sales
40,000
The debt-equity ratio of Creatz Ltd. is
(Express your answer to two significant figures).