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 $811,008 $1,846,320 $1,879,973 Average total assets 737,280 1,318,800 458,530 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 dolls of assets. The greater the number of sales dollars earned for every dollar of assets, the efficient a firm is in using assets