Jim Kovacs Company makes supplies for schools. Sales in 20XX were $4,880,000. Assets were as follows: $116,000 880,000 427,000 Cash Accounts receivable Inventory Net plant and equipment $1,940,000 Total assets a. Compute the following: (Round the final answers to 2 decimal places.) Accounts receivable turnover 2. Inventory turnover 3. Capital asset turnover 4. Total asset turnover b-1. In 20XY, sales increased to $5,470,000 and the assets for that year were as follows: Cash Accounts receivable Inventory Net plant and equipment517,000 $116,000 967,000 990,000 Total assets $2,590,000 Compute the following: (Round the final answers to 2 decimal places.) Accounts receivable turnover 2. Inventory turnover 3. Capital asset turnover 4. Total asset turnover b-2. Indicate if there is an improvement or decline in total asset turnover b-2. Indicate if there is an improvement or decline in total asset turnover Decline Improvement