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): Atlantic Pacific Mediterranean Sales $2,956,377 $5,134,788 $2,236,500 Average total assets 953,670 1,426,330 532,500 a. Determine the asset turnover for all three companies. Round to one decimal place. Atlantic Pacific Mediterranean b. The ratio of sales 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 assets, the more efficient a firm is in using assets.Determining Cash Payments to Stockholders The board of directors declared cash dividends totaling $136,400 during the current year. The comparative balance sheet indicates dividends payable of $31,400 at the beginning of the year and $28,300 at the end of the year. What was the amount of cash payments to stockholders during the year