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(1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-a) Compute

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(1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-a) Compute the acid-test ratio for each of the three years: (2-b) Did the acid-test ratio improve or worsen over the three-year period? Complete this question by entering your answers in the tabs below. Did the current ratio improve or worsen over the three-year period? (1-o) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-a) Compute the acid-test ratio for each of the three years: (2-b) Bid the acid-test ratio improve or worsen over the three-year period? Complete this question by entering your answers in the tabs below. Did the acid-test ratio improve or worsen over the three-year period? Required information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. For both the current year and one yeat ago, compute the following ratios (1-o) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-yeas period? (2-a) Compute the acid-test ratio for each of the three years: (2-b) Bid the acid-test ratio imiprove or worsen over the three-year period? Complete this question by entering your answors in the tabs below. Compute the acid-test ratio for each of the three years. (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-a) Compute the acid-test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three-year period? Complete this question by entering your answers in the tabs below. Compute the current ratio for each of the three years

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