Problem 3-22 Total Asset Turnover [LO 2] Kaleb's Karate Supply had a profit margin of 8 percent, sales of $28.6 million, and total assets of $7.6 million. a. What was the total asset turnover? Note; Do not round Intermedlate calculations and round your answer to 2 decimal places, e.g., 32.16. b. If management set a goal of Increasing total asset turnover to 4 times, what would the new sales figure need to be, assuming no Increase In total assets? Note: Do not round Intermedlate calculations and enter your answer In dollars, not millions of dollars, rounded to the nearest whole dollar, e.g., 1,234,567