Lok Company report net sales of $5,124,000 for Year 2 and $2,852,000 for Year 3. End of year balances for total assets are Your $1,550,000 Year 2, $1775.000, and Year 3 $1.981000 ( Compute Lok total asset tumover for Year 2 and Year 3 (2) Loke competitor has a Total Asset Turnover of 30 during Year 3 Is Lok performing better or worse than its competitor on the bar of total asset tuinow? Complete this won by entering your awwers in the tow below. Required: Required 2 Cumput Lok's totale turnover for Year 2 nd Year Case Numerat Tutal Tumeme Chose Detinato Total Assel Turnover Total asset turnover Year Year 3 Required 2 > Lok Company reports net sales of $5,124,000 to Moar 2 and $2,852,000 for Year 2, end of year balances for total ossets are Yitar 1 $1.550,000, War 2. 51,775,000 and Year $1901.000 Compute Lok's total asset tumover for Year 2 and Year 3 (2) Loks compettor has a Total Asset Tumover of a during Year 3. Is Lok performing better or worse than its competitor on the basis of total asset turnover Complete this question by enterino vunewers in the tabs below. Required t Required 2 Lek's competitor hos Total Art Turnover of 2.0 during your ass to performing better or worse than its competitor on the basis of total ansatturnover Is Lok performing better or worse than its competitor on the basis of total asset tumover?