Multiple Choice Question 193 The following information is provided for Nguyen Company and Northwest Corporation. Nguyen Company Northwest Corporation (in $ millions) Net income 2017 $165 $420 Net sales 2017 1,650 4,900 Total assets 12/31/15 1,000 2,400 3,000 Total assets 12/31/16 1,050 Total assets 12/31/17 1,150 4,000 If Nguyen and Northwest are in the same industry and the industry average for asset turnover is equal to 1.20 times, which of the following statements is true? O The asset turnover does not address the question of efficient operations OOnly Nguyen is operating more efficiently than the industry. Northwest is operating more efficiently than Nguyen Both Nguyen and Northwest are operating more efficiently than the average company in their industry. Open Show Work Click if you would like to Show Work for this question: Question Attem pts: 0 of used