AVVY way we Common stock, $10 par value Retained earnings Total liabilities and equity .. 163,500 192, 184 $ 624,161 163,500 166,321 $ 538,070 163,500 116,266 $ 439,600 For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and 1 year ago, follow. For Year Ended December 31 Sales Coat of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net Income Earnings per share Current Year $ 811, 409 $ 494,959 251,537 13,794 10.548 770.838 $ 40,571 $ 2.50 1 Year Ago $ 640, 303 $ 416,197 161,997 14,727 9.605 602,526 $ 37,777 $2.32 For both the Current Year and 1 Year Ago compute the following ratios: (1-a) Profit margin ratio (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turnover. (3-a) Return on total assets. (3-6) Based on return on total assets, did Simon's operating efficiency improve or worson in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2 Required 3A Required 36 Compute profit margin ratio for the current year and one year ago