Jim Short's Company makes clothing for schools. Sales in 20X1 were $4,960,000. Assets were as follows: a. Compute the following: (Round your answers to 2 decimal places.) b. In 202, sales increased to $5,400,000 and the assets for that year were as follows: Compute the following: (Round your answers to 2 decimal places.) c. Is there an improvement or a decline in the total asset turnover? Decline Improvement