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Aquablue Roadways Corporation operates throughout the United States. The following data (in millions) were adapted...

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Accounting

Aquablue Roadways Corporation operates throughout the United States. The following data (in millions) were adapted from recent financial statements of Aquablue: Year 2 Year 1 Sales $47,250 $49,675 Operating assets (average for year): Property, plant, and equipment 18,620 15,730 Intangibles 22,360 18,540 From the given data, what would be the asset turnover for Year 2? a. 1.15 b. 2.01 c. 2.18 d. 1.22

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