Asset turnover ratio Financial statement data for years ended December 31, 2013 and 2042, for Edison Company follow: 2013 2012 Sales $1,944,000 $1,540,000 Total assets: Beginning of year 780,000 620,000 End of year 840,000 780,000 a. Determine the asset turnover ratio for 2013 and 2072. Round answers to one decimal place. 20Y3 2012 Asset turnover b. Is the change in the asset turnover ratio from 20Y2 to 2093 favorable or unfavorable