Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings $ 31,800 $ 35,625 $ 37,899 89,500 62,500 50,200 112,500 82,599 54,900 10,700 9,375 5,999 278,500 255,000 29,589 3523,000 $445,200 $ 377,500 $129,900 51,250 98,500 163. 500 181 198 101,500 83,500 163, 500 163,509 134,750 7.250 $445,989 $ 377,500 Total liabilities and equity $523,000 The company's income statements for the years ended December 31, 2017 and 2016, follow. 2017 $673.500 411 225 For Year Ended December 31 Sales cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses 2015 $ 52,ade $345.500 134 545 6209 50 SA275 Net income 2.88 Earnings per share (1) Profit margin ratio. Profit Margin Ratio Choose Denominator: Choose Numerator: II Profit Margin Ratio Profit margin ratio 2017 2016 %6 W (2) Total asset turnover. Total Asset Turnover = Choose Numerator: Choose Denominator: Total Asset Turnover Total asset turnover times 2017 times 2016 (3) Return on total assets. Retum On. Total Assets Choose Numerator: Choose Denominatore = Return On Total Assets E Fetunnon tota assets 2017 11 96 2016