calulate the asset turnover ratio for 2018 and 2017

2018 2017 $23,600 $18,450 800 100 $22,800 $18,350 10,850 7,300 $11,950 $11,050 Gross sales Sales returns and allowances Net sales Cost of merchandise (goods) sold Gross profit Operating expenses: Depreciation Selling and administrative Research Miscellaneous Total operating expenses Income before interest and taxes Interest expense Income before taxes Provision for taxes Net income $ 1,160 $ 830 5,650 4,300 1,010 730 820 530 $ 8,640 $ 6,390 $ 3,310 $ 4,660 1,020 730 $ 2,290 $ 3,930 916 1,572 $ 1,374 $ 2,358 LOGIC COMPANY Comparative Balance Sheet December 31, 2017 and 2018 2018 2017 $11,400 $ 8,600 15,700 11,700 7,700 13,200 23,200 9, 200 558,000 $42,700 Assets Current assets: Cash Accounts receivable Merchandise inventory Prepaid expenses Total current assets Plant and equipment: Building (net) Land Total plant and equipment Total assets Liabilities Current liabilities: Accounts payable Salaries payable Total current liabilities Long-term liabilities: Mortgage note payable Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total lobilities and stockholders equity $13,700 $10,200 12 700 8.200 $26,400 $18,400 584,489 $61,100 $12,200 $ 6,200 6,200 4,209 $18,400 510,400 21,200 19, 700 $39,600 $30, 100 $20,200 $20,200 24,600 10,800 $44.800 $31,000 584,400 $61,100