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millions Total assets Net Sales Current Year $375, 319 229,234 Apple One Year Prior 321,686 215,639 THO Year's Prior $290, 345 233,715 current Year $

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millions Total assets Net Sales Current Year $375, 319 229,234 Apple One Year Prior 321,686 215,639 THO Year's Prior $290, 345 233,715 current Year $ 197,295 110,855 Google One YearTWO Years Prior Prior $167,497 $ 147,461 90,272 74,989 Required: 1. Compute total asset turnover for the most recent two years for Apple and Google using the data shown. 2. In the current year, which company is more efficient in generating net sales given total assets? 3. Does each company's asset turnover underperform or outperform the industry (assumed) asset turnover of 0.5 for: (a) Apple and (b) Google? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute total asset turnover for the most recent two years for Apple and Google using the data shown. (Round your answers to 2 decimal places.) Total Asset Turnover Current Year One Year Prior times Apple Google

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