Asset turnover

Financial statement data for years ending December 31, 2019 and 2018, for Edison Company follow:

		2019	2018
Sales		$889,000	$705,000
Total assets:
	Beginning of year	530,000	410,000
	End of year	740,000	530,000

a. Determine the asset turnover for 2019 and 2018. Round your answers to one decimal place.

	2019	2018
Ratio of sales to assets	fill in the blank 1	fill in the blank 2

b. Does the change in the asset turnover from 2018 to 2019 indicate a favorable or an unfavorable trend?