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Dollar General Corporation (DG) is a discount retailer with more than 12,000 stores. It offers...

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Accounting

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Dollar General Corporation (DG) is a discount retailer with more than 12,000 stores. It offers a wide range of merchandise nermally for $10 or less. The follon millions) were taken from recent finanoal statements of Dollar General: a. Compute the asset turnover ratio for Year 2 and Year 1. Round to two decimalphlaces. b. Interpret the change in the asset turnover ratio from Year 1 to Year 2. These analyses indicate an 1 in the use of assets to generate revenues for each dollar of assets. A companson wath simila or industry averages would be helpful in making a more definitive statement on the effectiveness of the use of the assets. Feedeack T Chedk M Work a. Average Total Assets = (Beginning Total Assets + Ending Total Assets )+2; Divide Sales by Average Total Assets to obtain the ratio. b. This ratio measures how effectively a business is using its average amount of assets to generate sales, The higher the ratio, the better

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