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Asset Turnover The Home Depot reported the following data (in millions) in its recent financial statements: Year 2 Year 1 Sales $138,600 $149,600 Total assets

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Asset Turnover The Home Depot reported the following data (in millions) in its recent financial statements: Year 2 Year 1 Sales $138,600 $149,600 Total assets at the end of the year 74,200 79,800 Total assets at the beginning of the year 79,800 96,200 a. Determine the asset turnover for The Home Depot for Year 2 and Year 1. Round to one decimal place. Year 2 Year 1 b. What do these turnover indicate concerning the trend in the ability of The Home Depot to effectively use its assets to generate sales

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