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: Procter & Gamble CVS Health Valero Energy ($ millions) Sales $88,680 $29,006 $127,987 Cost of sales 43,391 7,167 116,719 Average receivables 6,172 1,257 6,645 Average inventories 7,050 113 5,285 Average PP&E Average total assets 20,835 135,299 22,448 23,923 32,483 40,202 a. Compute the asset turnover (AT) ratio for each company. (Round your answers to one decimal place.) Procter & Gamble CVS Valero Energy Asset Turnover 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 Procter & Gamble CVS Valero Energy Check INVT PPET