AA8-2: Comparative figure of Apple and Google follows:

Apple Google Current Yoar One Year Prior Two Years Prior Current Yoar One Year Prior Two Years Prior $ millions Total assets. Not sales. $338,516 260,174 $365,725 265.595 $375,319 229,234 $275,909 161,857 $232,792 136,819 $197.295 110.855 Required 1. Compute total asset turnover for the most recent two years for Apple and Google using the data shown. > 2. page 344 In the current year, which company is more efficient in generating net sales given total assets? . Location 13586 of 38676 3. Does asset turnover underperform or outperform the 0.5 industry asset turnover for (a) Apple and (b) Google