Refer to Simon Company's financial information in Exercises 17-6 and 17-8. Evaluate the company's efficiency and profitability by computing the following for 2017 and 2016: (1) profit margin ratio-percent rounded to one decimal, (2) total asset turnover-rounded to one decimal, and (3) return on total assets- percent rounded to one decimal. Comment on these ratio results.

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For Year Ended December 31 2017 2016 $673,500 $532,000 Sales Cost of goods sold Other operating expenses Interest expense Income taxes. Total costs and expenses Net income Eamings per share $411,225 209,550 12,100 9,525 S345,500 134,980 13,300 8,845 642.400 31100 $1.90 502625 S 29,375 S 1.80