Computing Turnover Ratios for Companies in Different Industries Selected data from recent financial statements of The Procter & Gamble Company, CVS Health Corporation, and Valero Energy Corporation are presented below S millions) Procter& Gamble CVS Health Valero Energy 130,987 117,719 6,645 Sales Cost of sales Average receivables Average inventories Average PP&E Average total assets 6,172 7,050 20,835 135,299 91,680 $31,006 8,167 1,257 113 22,448 32,483 23.923 a. Compute the asset turnover (AT) ratio for each company. (Round your answers to one decimal place.) Asset Turnover Procter & Gamble CVS Valero Energy b. Compute the accounts receivable turnover (ART), inventory turnover (INVT), and PP&E turnover (PPET) for each company. (Round your answers to one decimal place.) ART INVT PPET Procter& Gamble CvS Valero Energy