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Discontinued operations, net of tax Net earnings (loss) eBook B Print Question 5 Partially correct Mark 10.00 out of 12.00 P Flag question Edit question Support Computing Turnover Ratios for Companies in Different Industries Selected data from recent financial statements of the Procter & Gamble Company, CVS Health Corporation, and Valero Energy Corporation are presented below: (5 millions) Procter & Gamble CVS Health Valero Energy Sales $66,832 $184765 588,407 Cast of sales 33,449 156,208 81.926 Average receivables 4,640 12.673 6.296 Average inventories 4,681 15,028 6,047 Average PPSE 20,247 10,234 26,975 Average total assets 66,119 94,797 48.166 a. Compute the asset turnover (AT) ratio for each company. (Round your answers to one decimal place.) Asset Turnover Procter & Gamble 1 CVS 1.9 Valera Energy 1.8 INVT b. Compute the accounts receivable turnover (ART), inventory turnover (INVT), and PP&E turnover (PPET) for each company. (Round your answers to one decimal place.) ART PPET Procter & Gamble 14.4 7.1 1.7 X CVS 14.5 X 10.4 18.1 Valero Energy 13.5 3.3 14 - eBook B Pris