Question: Compute total asset turnover for the current Year and one year ago. Simon Company's year-end balance sheets follow. at December 31 Current Year ars Aga
Compute total asset turnover for the current Year and one year ago.

Simon Company's year-end balance sheets follow. at December 31 Current Year ars Aga Assets Cash 30. 609 6 . 250 S 37. 200 Accounts receivable, net 86, 600 50 . 060 Merchandise inventory 110, 009 83 . 200 53, 000 Prepaid expenses 20. 900 8 . 353 Plant assets, net 227, 200 Total assets 521 145 , 400 = 372. 200 iabilities and Equity accounts payable S 12 Long-term notes payable 250 600 common stock, s $10 par value 163 3,000 Retained earnings Total liabilities and equity 521 15, 400 208 The company's income statements for the Current Year and 1 Year Ago, follow, Year Ended December 32 CUFFERE Fees, pop 1 Year Age 50. 090 PI goods sold Other or operating expenses 650 interest expense 12 . 100 Income tax expense a. 600 COSTS and expenses 686, 650 505 incom 9 28, 350 Earnings per share For both the Current Year and 1 Year Ago, compute the following ratios
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