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Lok Company reports net sales of $ 5 , 6 3 9 , 0 0 0 for Year 2 and $ 7 , 3 5

Lok Company reports net sales of $5,639,000 for Year 2 and $7,354,000 for Year 3. End-of-year balances for total assets are Year 1, $1,635,000; Year 2, $1,842,000; and Year 3, $1,948,000.
(1) Compute Lok's total asset turnover for Year 2 and Year 3.
(2) Lok's competitor has a Total Asset Turnover of 3.0 during Year 3. Is Lok performing better or worse than its competitor on the basis of total asset turnover?
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Compute Lok's total asset turnover for Year 2 and Year 3.
\table[[,Total Asset Turnover],[,Choose Numerator:,1,Choose Denominator:,=,Total Asset Turnover],[,,1,,=,Total asset tumover],[Year 2,,1,,=,],[Year 3,,1,,=,]]
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