Part 5 of 5 At December 11 Assets Cash Accounts receivable, net Merchandise Inventory Prepaid expenses 12 Simon Company's year-end balance sheets follow Current Year 1 Year Ago $ 24,560 71,910 $29,597 58,759 94,113 67,074 8,317 7,925 734 points 230,246 $429,154 214,605 $369,960 3 Years Pa $31,132 39,475 44,216 3,425 190,052 $300,300 $ 104,722 $61,098 79,067 162,500 85,942 163,500 82,865 58,620 $429,154 $369,960 eBoos H Pri References Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable. Common stock, $10 per value Retained earnings Total liabilities and equity 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. For Year Ended December 31 Sales $39,882 66,772 163,500 58,146 $ 300,300 $440,252 Current Year 1 Year Ago $557,900 Cost of goods sold $340,319 $206,164 other operating expenses 172,949 111,384 Interest expense 9,454 10,126 Income tax expense 7,253 6,004 Total costs and expenses 530,005 Net income $27,005 Earnings per share $1.72 414,228 $25,974 $1.60