help pls!!
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 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 Current Yr 1 Yr Ago 2 Yrs Ago $ 35, 204 $ 41,150 $ 42,016 100,011 70,586 56,581 125,744 95, 159 60,867 11,337 10,374 4,622 318,469 292,011 260,314 $ 590,765 $ 509,280 $ 424,400 $ 147, 100 $ 87,790 $ 56,581 112, 174 162,500 168,991 $ 590,765 117, 134 95,668 162,500 162,500 141,856 109,651 $ 509,280 $ 424,400 (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? Check my w (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? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required ZA Required 2B Compute the current ratio for each of the three years. Current Ratio Choose Numerator: Choose Denominatas Current Ratio Current ratio to 1 to 1 1 Current Yr: 1 Yr Ago: 2 Yrs Ago: 22 to 1 Roguld Required 18 Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 2B Did the current ratio improve or worsen over the three year period? Current ratio (Required 1A Required 2A > Complete this question by entering your answers in the tabs below. Required 1A Required 18 Requirt A Required 20 Compute the acid-test ratio for each of the three years. Acid-testato Choose Numerator Choose Denominator Acid-Test Ratio Acidit ratio 101 Current Yr: 1 Yr Ago 2 Yrs Ago: . to 1 to 1 Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Requred 28 Did the acid-test ratio Improve or worsen over the three year period? Acid-test ratio Required 2A Red