Sports World had net sales of $230,000 for Year 1 and $276,000 for Year 2.Its average total assets for Year 1 were $150,000 and $180,000 for Year 2.Calculate the total asset turnover for each year and comment on the firm's efficiency in the use of its assets.

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The Answer of Sports World had net sales of $230,000 for Year 1 and $276,000 for Year 2.Its average total assets for Year 1 were $150,000 and $180,000 for Year 2.Calculate the total asset turnover for each year and comment on the firm's efficiency in the use of its assets.

Sports World Had Net Sales of $230,000 for Year 1