Income Statement Balance Sheet 2017 2016 25,760 20,351 Assets 30,325 Cash and 21,801 receivable 2,730 Inventories 5,794 Total current assets 1,512 70 1,718 Total assets 4,006 Liabilities and Owners Equity 2016 112 672 728 2017 112 660 873 1,645 4,459 6,104 Net sales Cost of good securities Accounts sold Depreciation 2,319 EBIT Interest expense 72 Tax (30%) Net Income 3,090 Net fixed assets 4,088 906 5,600 2,112 220 Accounts payable Short-term notes Total current liabilities Long-term debt Common stock 224 560 784 596 1,139 3,081 593 581 1,581 3,129 6.104 Retained earnings Total liabilities and owners' equity Given the financial statements for SW Inc above, comment on the change in asset tunover over the past two years? Given the financial statements for SW Inc. above, comment on the c Asset turnover is unchanged showing a lower utlization of assets in generating revenue over has increased showing a higher utilization of assets in generating revenue Asset turn Asset turnover has declined shoving a lower utilization of assets in generating revenue Asset turnover has declined showing a higher utlization of assets in generating revenue Asset turnover is unchanged shoving a higher utilization of assets in generating revenue