Asset turnover ratio Financial statement data for years ended December 31, 20Y3 and 20Y2, for Edison Company follow: 20Y3 20Y2 Sales $2,000,000 $1,621,500 Total assets: Beginning of year 780,000 630,000 End of year 820,000 780,000 a. Determine the asset turnover ratio for 2013 and 20Y2. Round answers to one decimal place. 20Y3 2042 Asset turnover b. Is the change in the asset turnover ratio from 20Y2 to 20Y3 favorable or unfavorable