Continuing Company Analysis-Amazon: Asset turnover ratio The Home Depot reported the following data (in millions) in its recent financial statements: Year 2 Year 1 Total sales $83,176 $78,812 Total assets: Beginning of year End of year 40,518 41,084 39,946 40,518 a. Determine the asset turnover ratio for Home Depot for Year 2 and Year 1. Round to two decimal places. Year 2 Year 1 Asset turnover ratio b. What does an asset turnover ratio indicate? 1. Effectiveness in the use of assets to generate revenue. 2. Effective use of revenue to create assets. 3. Effective use of assets to reduce cost. 4. Effective use of assets to increase assets