Lok Company reports net sales of $$5,769,000$ for Year $2$ and $$7,348,000$ for Year $3.$ End$-$of$-$year balances for total assets are Year $1,$ $$1,542,000$; Year $2,$ $$1,791,000$; and Year $3,$ $$1,996,000.$

$(1)$ Compute Lok's total asset turnover for Year $2$ and Year $3.$

$(2)$ Lok's competitor has a Total Asset Turnover of $3\mathrm{.}0$ during Year $3.$ Is Lok performing better or worse than its competitor on the basis of total asset turnover?

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Required $2$

Compute Lok's total asset turnover for Year $2$ and Year $3.$

$\backslash$table$[[,$Total Asset Turnover$],[,$Che,umerator:,$1,$Che,ominator:,$=,$Total Asset Turnover$],[,$Net,,$1,$Aver,assets,$=,$Total asset turnover$],[$Year $2,$$$,5,769,000,1,$$$,1,791,000,=,3\mathrm{.}22],[$Year $3,$$$,7,348,000,1,$$$,1,996,000,=,3\mathrm{.}68]]$