$(1)$

Required information

Use the following Information for the Exercises below. $($Algo$)$

$[$The following informotion opplies to the questions disployed below.$]$

Simon Compony's year$-$end balance sheets follow.

$\backslash$table$[[\backslash$table$[[$At December $31],[$Assets$]],$Current Year,$1$ Yoar Ago,$2$ Yoars Ago$],[$Cash$,$$$29,914,,],[$Accounts recelvable, net,$82,491,,47,622],[$Merchandise inventery,$104,776,73,s05,51,230],[$Prepaid expenses,$9,672,8,822,3,968],[$Plant assets, net,$245\mathrm{.}998,24,179,219,371],[$Total assets,$3462,251,3,424,354=,4357,200],[$Liabilities and Equity,,,$],[$Accounts payable,,$.,48,993],[$Long tern notes payable,,$4,673,81,309],[$Comron stock, $$10$ par value,$163,560,1$es$.$sey,$162,500],[$Retained earnings,,$64,84,64,298],[$Total liabilities and equity,$3492\mathrm{.}231,4,4,4,54,37,209]]$

For both the current year and one year ago, compute the following ratios:

Exerclse $17-11($Algo$)$ Analyzing profitability LO P$3$

The compony's income stotements for the Current Year ond $1$ Year Ago, follow.

$\backslash$table$[[$sales$,,$$$\mathrm{.}639,926,,$$$504,981$