Asset turnover Three major segments of the transportation industry are motor carriers, such as Atlantic; railroads, such as Pacific; and transportation arrangement services, such as Mediterranean. Recent financial statement information for these three companies is shown as follows (in thousands of dollars); Sales Average total assets Atlantic $3,367,182 863,380 Pacific $1,752,730 1,251,950 Mediterranean $770,730 513,820 a. Determine the asset turnover for all three companies. Round to one decimal place. Atlantic Pacific Mediterranean b. The ratio of sale to assets measures the number of sales dollars earned for each dollar of assets. The greater the number of sales dollars earned for every dollar of efficient a firm is in using assets. assets, the