For both the Current Year and $1$ Year Ago, compute the following ratios: Compute return on total assets for the current year and one year ago.

$\backslash$table$[[$Return On Total Assets$],[,$Numerator:,$1,$Denominator:,$=,$Return On Total Assets$],[,,1,,=,$Return on total assets$],[$Current Year:,,$1,,=,\%],[1$ Year Ago:,,$1,,=,\%]]$ Compute total asset turnover for the current year and one year ago.

$\backslash$table$[[$Total Asset Turnover$],[,$Numerator:,I,Denominator:,$=,$Total Asset Turnover,,,$],[,,/,,=,$Total asset tumover,,,$],[$Current Year:,,$/,,=,$times,,,$],[1$ Year Ago:,,$/,,=,$times,,,$]]$

$(1-$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.

$(3-$b$)$ Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus $1$ Year Ago?

Complete this question by entering your answers in the tabs below.

Required $1A$

Required $1B$

Required $3$B

Compute profit margin ratio for the current year and one year ago.