All Opportunities Alphabet Wall Car Free Prek Teaching w Arabiska-material Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-tern notes payable secured by mortgages on plant assets Common stock, 51e par value Retained earnings Total liabilities and equity $ 25,796 72,521 92,121 8,390 238,385 $437,213 $ 39,153 $ 32,047 53,295 43,575 71,123 46,421 7,757 3,526 214,500 194,931 5 376,908 $ 320,500 $ 109,955 $ 65,608 $ 43,152 80,552 162,500 34,206 5.437,213 37,556 70,122 162,500 162,500 61,244 44,726 $376,988 $ 320,500 (1-0) 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? cos Complete this question by entering your answers in the tabs below. Required 1A Required 10 Required 2A Required 26 Compute the current ratio for each of the three years. Current Ratio Choone Numerator Choose Denominator Current Rate Current ratio to to 1 tot Current Yr 1 Yr Ago: 2 Yrs Ago Required 18 > Cung Alphabet Wall Car Free Prek Teaching Arabika-material w Simon Company's year-end balance sheets follow At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Pant assets, net Total assets Liabilities and Equity Accounts payable Long-tern notes payable secured by mortgages on plant assets Common stock, 510 par value Retained earnings Total liabilities and equity Current Yr 1 YAO 2 Yes Ago 525,796 530,153 $ 32,047 72,521 53,295 43,575 92,121 71,123 46,421 8,390 7,757 3,526 238,385 214, 580 194,931 $ 437,213 $ 376,906 $ 320,500 $ 109,955 $ 65,608 543,152 80,552 162,500 34,206 $ 437,213 37,556 70,122 162,500 162, see 61,244 44,726 $ 376,988 S 320,500 (-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 12-b) Did the acid-test ratio improve or worsen over the three year period? soroncos Complete this question by entering your answers in the tabs below. Required 1A Reduired 1B Required 2A Required 28 Did the current ratio improve or worsen over the three year period? Current ratio