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Problem 3 - 2 1 ( Algo ) Turnover ratios [ LO 3 - 2 ] Jim Short's Company makes clothing for schools. Sales in

Problem 3-21(Algo) Turnover ratios [LO3-2]
Jim Short's Company makes clothing for schools. Sales in 201 were
$4,890,000. Assets were as follows:
a. Compute the following:
Note: Round your answers to 2 decimal places.
b. In 202, sales increased to $5,430,000 and the assets for that
year were as follows:
Compute the following:
Note: Round your answers to 2 decimal places.
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