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ces Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets
ces Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 25,214 Current Year 1 Year Ago 2 Years Ago $31,296 $ 30,393 53,704 70,263 8,056 77,597 96,617 Long-term notes payable Common stock, $10 par value Retained earnings 8,120 233,020 $440,568 $ 109,701 85,312 216,481 $379,800 $ 65,470 86,480 162,500 42,196 45,842 3,516 194,553 $316,500 $ 42,196 68,548 162,500 163,500 82,055 65,350 43,256 $440,568 $379,800 $316,500 Liabilities and Equity Accounts payable Total liabilities and equity For both the current year and one year ago, compute the following ratios:
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