The following are financial data taken from the annual report of The Smith & Jones Company: Year 2 Net sales $134,448 Year 1 $130,060 Gross property, plant and equipment 57,179 52,518 Accumulated depreciation 37,154 34,180 Intangible assets (net) 57,504 36,276 A. Calculate the following ratios for Year 1 and Year 2: 1. Fixed asset turnover 2. Accumulated depreciation divided-by-gross fixed assets B. What do the trends in these ratios reveal about Smith & Jones