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Problem 3-21 (Algo) Turnover ratios [LO3-2] Jim Short's Company makes dothing for schcols. Sales in 20X1 were $4,950,000. Assets were os follows: Q. Compute the

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Problem 3-21 (Algo) Turnover ratios [LO3-2] Jim Short's Company makes dothing for schcols. Sales in 20X1 were $4,950,000. Assets were os follows: Q. Compute the followisig: Note: Round your answers to 2 decimal places. b. In 202, sales increased to $5,400,000 and the os sets for that year were os follow: Compute the following Note: Round your enuwern to 2 decimal pinces

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