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Dollar General Corporation (DG) is a discount retailer with more than 12,000 stores. It offers a wide range of merchandise normally for $10 or less.

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Dollar General Corporation (DG) is a discount retailer with more than 12,000 stores. It offers a wide range of merchandise normally for $10 or less. The following data (in millions) were taken from recent financial statements of Dollar General: a. Compute the asset turnover ratio for Year 2 and Year 1. Round to two decimal places. b. Interpret the change in the asset turnover ratio from Year 1 to Year 2 . These analyses indicate an in the use of assets to generate revenues for each dollar of assets. A comparison with similar companies or industry averages would be helpful in making a more definitive statement on the effectiveness of the use of the assets. Dollar General Corporation (DG) is a discount retailer with more than 12,000 stores. It offers a wide range of merchandise normally for $10 or less. The following data (in millions) were taken from recent financial statements of Dollar General: a. Compute the asset turnover ratio for Year 2 and Year 1. Round to two decimal places. b. Interpret the change in the asset turnover ratio from Year 1 to Year 2 . These analyses indicate an in the use of assets to generate revenues for each dollar of assets. A comparison with similar companies or industry averages would be helpful in making a more definitive statement on the effectiveness of the use of the assets

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