of 3 bok 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 nt ences Merchandise inventory Prepaid expenses Plant assets, net Current Year 1 Year Ago 2 Years Ago Cash $ 36,349 $ 42,073 $ 42,958 Accounts receivable, net i 105,352 72,898 125,967 96,330 11,247 10,935 56,698 63,483 4,773 325,097 298,464 270, 388 $ 604,012 $520,700 $153,407 $ 85,358 115,825 120,959 $438,300 $56,120 99,770 163,500 162,500 163,500 171,280 151,883 118,910 $604,012 $520,700 $ 438,300 Total assets Liabilities and Equity Accounts payable. Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity For both the current year and one year ago, compute the following ratios: Exercise 13-10 (Algo) Analyzing efficiency and profitability LO P3