Simon Company's year-end balance sheets follow. Current Ye 1 Yr Ago 2 Yrs Ago $ 31,800 89,500 112,500 10,700 278,500 $523,000 $ 35,625 $ 37,800 62,500 50,200 82,500 54,800 9,375 5,000 255,000 238,500 $445,000 $ 377,500 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 Total liabilities and equity $129,900 $ 75,250 $ 51,250 98,500 163,500 131, 100 $523,000 101,500 83,500 163,500 163,500 184,750 79, 250 $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 Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Yr 1 Yr Ago $673,500 $ 532,000 $411,225 $345,500 209,550 134,980 12,100 13,300 9,525 8,845 642,400 502,625 $ 31,100 $ 29,375 $ 1.90 $ 1.80 For both the Current Year and 1 Year Ago, compute the following ratios: (2) Total asset turnover Choose Numerators Net sales Total Asset Turnover Choose Denominator Average total assets Total Asset Turnover Total asset turnover Current Year: O times 1 Year Ago: o times