Asset Turnover United Continental Holdings, Inc., (UAL), operates passenger service throughout the world. The following data (in millions) were adapted from a recent financial statement of United. Sales (revenue) $37,736 Average property, plant, and equipment 24,763 Average intangible assets 8,109 1. Compute the asset turnover. Round your answer to two decimal places. 2. If Delta Airlines has an asset turnover of 1.03, United is generating more in sales per average dollar of cents. This implies that United is managing invested long-term operating assets than Delta by its operating assets to generate sales more efficiently