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Problem 3-21 (Algo) Turnover ratios [LO3-2] Jim 5hort's Company makes clothing for schools: 5 ales in 201 were $4.550.000 Assets were as followi: a. Compune

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Problem 3-21 (Algo) Turnover ratios [LO3-2] Jim 5hort's Company makes clothing for schools: 5 ales in 201 were $4.550.000 Assets were as followi: a. Compune the following: Note: Round your answers to 2 decimal places. b. In 202, sales tnerossed to $5,820.000 and the assets for that year were as folown: Campute the folowing b. In 202, sales increased to $5.820.000 and the assets for that year were as follows Compute the following: Note: Round your answers to 2 decimal places. c. Is there an improvement or a decline in the totai asset fumover? Decine improvement

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