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compute the acid test ratio for each of the three years looking for second numerator in this question. Required information [The following information applies to

compute the acid test ratio for each of the three years
looking for second numerator in this question.
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Required information [The following information applies to the questions displayed below.] Simon Company's year-end baiance sheets follow. For both the current year and one year ago, compute the following ratios: (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? It w) Consose the curert eatio for each of the three yean (Sb) Dd the carrent tato inprove of worsen over the three-year period? (2-a) Compise the aciddest ratio for eoch of the three years. (2. b) Oid the acidtest tatio improve or worsen owet the thee year perod? (0) Answer is complete but not entirely correct. Complete thisquestion by entering your answers in the tabs below. Corputin the acd-4nt rabs for each of the three pears

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