J. C. Penney Company, Inc. is a large general merchandise retailer in the United States. The following data were obtained from its financial statements for four recent years:

A. Compute the asset turnover ratio for each year. (Round to two decimal places).
B. Plot the asset turnover ratio on a line chart with the year on the horizontal axis.
C. interpret the trend in this ratio over the four years.

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Year 4 Year 3 Year 2 Year 1 $12,257 $11,859 $12,985 $17,260 Total sales Total assets: Beginning of year End of year 11,80 9,781 1,424 13,068 10,404 ,801 9,781 11,424