! of 21 0:50:33 bok nt nt inces Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] 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 Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 31,230 91,429 $ 37,611 62,593 $ 37,650 50,200 84,418 54,543 9,389 266,913 113,805 10,464 287,744 $ 534,672 $131,802 99,513 $ 460,924 $ 77,117 103,892 163,500 116,415 163,500 139,857 $ 534,672 $ 460,924 For both the current year and one year ago, compute the following ratios: Exercise 13-11 (Algo) Analyzing profitability LO P3 The company's income statements for the Current Year and 1 Year Ago. follow 4,100 233,807 $380,300 $ 51,204 81,525 163,500 84,071 $ 380,300