need help with required 1A and 1B

Exercise 13-10 Analyzing efficiency and profitability LO P3 [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses plant assets, net $ 32,200 86,400 111,000 10,200 281,000 $520,800 $ 35,000 $ 38,200 61,000 50,000 80,200 54,500 9,350 5,000 248,500 230,000 $434,050 $ 377,700 Total assets $128, 400 $ 73,000 $ 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 97,000 163,500 131,900 $520,800 180,5ee 82,600 163,500 163,500 97,050 80,600 $434,050 $ 377,700 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 $775,000 $449,500 240, 250 11,500 9,550 710,800 $ 64,200 1 Yr Ago $ 630,000 $396,900 151,200 12,800 8,825 569,725 $ 60,275 Net income Earnings per share $ 3.93 $ 3.69 For both the Current Year and 1 Year Ago, compute the following ratios: Exercise 13-10 Part 1 (1-a) Profit margin ratio. (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Profit margin ratio. Profit Margin Ratio 1 Choose Denominator: Choose Numerator: Profit Margin Ratio Profit margin ratio 11 Current Year: % 1 Year Ago: % Required 1B > Complete this question by entering your answers in the tabs below. Required 1A Required 1B Did profit margin improve or worsen in the Current Year versus 1 Year Ago? Profit margin