The following information pertains to Carlton Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. 
What is the ratio of net sales to total assets for this company? Round your answer to two decimal points.
Definitions:
Profit Margin
A fiscal indicator calculating the proportion of income left once total costs are subtracted from revenues.
Equity Multiplier
A financial ratio indicating the proportion of a company's assets that are financed by stockholder's equity.
Long-Term Debt Ratio
A financial ratio that shows the proportion of a company's long-term debt relative to its total capital.
Debt Holders
Individuals or entities that have invested by lending money to another party, expecting repayment plus interest.
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