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: ($ millions) Procter & Gamble CVS Health Valero Energy Sales $83,680 $27,006 $125,987 Cost of sales 42,391 6,167 115,719 Average receivables 6,172 1,257 6,645 Average inventories 7,050 113 5,285 Average PP&E 20,835 22,448 23,923 Average total assets 135,299 32,483 40,202 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