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Analyze Dollar General millions) were taken from recent financial statements of Dollar General: begin{tabular}{lcc} & Year 2 & Year 1 hline Total sales &

image text in transcribed Analyze Dollar General millions) were taken from recent financial statements of Dollar General: \begin{tabular}{lcc} & Year 2 & Year 1 \\ \hline Total sales & $25,525 & $23,471 \\ Total assets: & & \\ Beginning of year & 12,517 & 11,672 \\ End of year & 13,204 & 12,517 \end{tabular} a. Compute the asset turnover ratio for Year 2 and Year 1. Round to two decimal places. These analyses indicate an in the use of assets to generate revenues for each dollar of assets. A comparison with similar companies or industry averages would be helpful in making a more definitive statement on the effectiveness of the use of the assets

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