Villian, Inc.'s comparative income statement follows. The 2023 data are given as needed. Requirement 3. Calculate the asset turnover ratio for 2025 and 2024. Begin by selecting the formula to calculate the asset turnover. Asset turnover ratio X Data table Teal'S Ended December 3 1, ZU25 anu 2024 2025 2024 2023 Net Sales Revenue $ 183,000 $ 153,000 Cost of Goods Sold 97,000 85,500 Selling and Administrative Expenses 48,000 41,500 Interest Expense 9,000 10,000 11,500 11,000 Income Tax Expense $ 17,500 $ 5,000 Net Income Additional data: Total Assets $ 200,000 $ 188,000 $ 170,000 Common Stockholders' Equity 92,000 81,500 76,500 Preferred Dividends 3,500 3,500 Common Shares Outstanding During the Year 25,000 25,000 15,000