Jim Short's Company makes clothing for schools. Sales in 201 were $4,820,000. Assets were as...

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Accounting

Jim Short's Company makes clothing for schools. Sales in 201 were $4,820,000. Assets were as follows:
o. Compute the following:
Note: Round your answers to 2 declmal places.
b. In 202, sales increased to $5,740,000 and the assets for that year were as follows:
Compute the following:
Note: Round your answers to 2 declmal places.
c. Is there an improvement or a decline in the total asset turnover?
Decline
Improvement
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