charts on the below and on thefollowing page to calculate Asset Turnover of the charts Scenario 1 Balance Sheet Assets Current Assets Current Labs Accounts Receivable $2.000 Accounts Payable 18.000 Merchandise inventory 520,000 Short Tr an $300 Cash $1.500 Total Current L ies 18,300 Other Current Assets $1,200 Total Current Assets $24.700 Long Term Liabilities Mortgage $20,000 Fixed Assets Bonds $1,500 Building $45.000 Total Long Term Liabilities $21,500 Equipment $2,000 Other Feed Assets $1,000 Total Liabilities $39,800 Depreciation $1.000 Total Fixed Assets $47.000 Owners Equity Owners Equity $31,900 Scenario 2 Balance Sheet abilities Current Labs Account Recebe $2.500 Accounts Payable $10,000 Merchandiw ory $12.000 Short Term Loan $2.000 $2,000 Total Current Labines $12,000 Other Current Assets $1.500 Total Current Assets $18.000 Long Term Liabilities Mortgage $32.000 $1,800 Building 565.000 Total Long Term abilities $33,800 Folment $2.500 O rd Assets 52.000 Total Liabilities $45.800 Depreciation $2.000 Total Fixed Assets $57,500 Owners Equity Owners Equity $39,700 Total Liabilities and Owners' Equity Total Assets Total Liabilities and Owners' Equity $71,700 $71,700 Total Assets $85.500 $85,500 Scenario 1 Net Sales f Gross Profit Cost of Goods Sold Net Profit Before Tax Operating Expenses Net Profit After Takes Net Profit Margin Expenses Net Interest Expense Sale Return On Assets Net Sales Gross Profit Scenario 2 Man Coat of Goods Net Profit Operating Ees Net Profit Afer Tas interest Expense Return On Assets + Calculate the Return on Assets for each scenario: Scenario 1 Scenario 2