Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Current Year 1 Year Ago 2 Years Ago $ 31,800 89,500 112,500 10,700 278,500 $ 35,625 62,500 82,500 9,375 255,000 $ 37,800 50,200 54,000 5,000 230,500 $ 377,500 $ 523,000 $ 445,000 $ 129,900 $ 75,250 101,500 163,500 104,750 $ 51,250 83,500 163,500 79,250 Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity 98,500 163,500 131,100 $ 523,000 $ 445,000 $ 377,500 The company's income statements for the current year and 1 year ago, follow. For Year Ended December 31 Sales Cost of goods sold Interest expense Other operating expenses Income tax expense Total costs and expenses Net income. Current Year $ 411,225 209,550 12,100 9,525 1 Year Ago $ 673,500 $ 345,500 134,980 13,300 8,845 642,400 $ 31,100 $532,000 502,625 $ 29,375 $ 1.80 Earnings per share $ 1.90 For both the Current Year and 1 Year Ago, compute the following ratios: (2) Compute total asset turnover for the current year and one year ago. Current Year: 1 Year Ago: Numerator: Total Asset Turnover / 1 Denominator: Total asset turnover times times