Requirement 2. Compute asset turnover for the years ended January 31, 2018 and 2017. Did it improve or worsen in 2018? Identify the formula, then calculate asset turnover for 2018 and 2017. (Round your answers two decimal places, X.XX.) Total asset turnover - 2018 Data Tade 2017 Requirements January 31, 2017 Nel sales $ January 31, 2018 B4,000 $ 4,200 $ 70.000 $ S Net earings Average total assets 82,550 4,050 69,400 S 1. Compute not profit margin ratio for the years ended January 31, 2018 and 2017. Did it improve or worsen in 2018? 2. Computo asset turnover for the years ended January 31, 2018 and 2017 Did it improve or worsen in 2018? 3. Compute return on assets for the years ended January 31, 2018 and 2017 Did it improve or worsen in 2018? Which component-net profit margin ratio or asset turnover-was mostly responsible for the change in the company's return on assets? Print Done Clear All Check And