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Comparative figures for Samsung, Apple, and Google follow. $ millions Samsung Apple Google Current Year Prior Year Two Years Prior Current Year Prior Year Current
Comparative figures for Samsung, Apple, and Google follow. $ millions Samsung Apple Google Current Year Prior Year Two Years Prior Current Year Prior Year Current Year Prior Year Total assets $ 302,511 $ 291,179 $ 274,268 $ 338,516 $ 365,725 $ 275,909 $ 232,792 Net sales 197,691 209,163 217,755 260,174 265,595 161,857 136,819 Required: Compute total asset turnover for the most recent two years for Samsung using the data shown. Is the change in Samsungs asset turnover favorable or unfavorable? For the current year, is Samsungs asset turnover better or worse than the asset turnover for (a) Apple and (b) Google
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