Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net $ 31,000 86,600 110,500 10,250 276,000 $514,350 $ 36,000 $ 38,400 62,500 49,500 83,200 52,000 9,300 4,400 248,000 235,000 $439,000 $ 379,300 Total assets $129,600 $ 73,500 $ 51,000 Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 97,500 161,500 125,750 $514,350 99,500 81,800 161,500 161,500 104,500 85,000 $439,000 $ 379,300 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Current Yr $745,000 $454,450 238,400 12,300 9,350 714,500 $ 30,500 1 Yr Ago $ 600,000 $378,000 138,000 12,900 8,825 537,725 $ 62,275 Net income Earnings per share $ 1.89 $ 3.86 Required 3A Required 3B Return on total assets Return On Total Assets Choose Numerator: | Choose Denominator: = Return On Total Assets 1 II Return on total assets Current Year: / II % 1 Year Ago: 1 II % Required 3A Required 3B Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year Return on total assets