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Jim Kovacs Company makes supplies for schools. Sales in 20XX were $4.170,000. Assets were as follows: 0. Compute the following: (Round the final answers to

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Jim Kovacs Company makes supplies for schools. Sales in 20XX were $4.170,000. Assets were as follows: 0. Compute the following: (Round the final answers to 2 decimal ploces.) b. In 20XY, sales increased to $5,450,000 and the assets for that year were as follows: Compute the following: (Round the final answers to 2 derimal places.) c. Indicate if there is an improvement or decline in total asset turnover. Dedine

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