E3-17 Computing and Explaining the Total Asset Turnover Ratio LO3-6 The following data are from annual reports of Justin's Jewellery Company: $ Total assets Total liabilities Total shareholders' equity Sales Net earnings 2020 2019 2018 76,000 $ 66,000 $ 56,000 20,000 18,000 13,000 56,000 48,000 43,000 180,000 170,000 156,000 6,600 5,200 33,000 Required: Compute Justin's total asset turnover ratio and its return on assets for 2019 and 2020. (Enter your answers in numbers and not in percentages. Round "Asset turnover" to 1 decimal place and "Return on assets" to 3 decimal places.) 2020 2019 Asset turnover Return on assets