Problem 3.21 (Algo) Turnover ratlos [LO3-2] Jim Short's Company makes clothing for schools. Sales in 20X1 were $4,330,000. Assets were as follows: a. Compute the following: Note: Round your answers to 2 decimal places. b. In 202 sales Increased to $5,850,000 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 total asset turnover? Improvement Decline