Part 5 of 6 0.42 points etlook Print References Required information 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 Current Year 1 Year Ago 2 Years Ago $ 35,100 99,606 127,906 11,520 320,682 $ 594,913 114,081 162,500 174,643 Accounts payable $ 143,689 Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 39,798 69,646 $42,725 54,755 96,776 59, 498 10,770 295, 866 $512,856 $ 84,939 120,316 163,500 144,101 $ 594,913 $512,856 For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and 1 year ago, follow. 4,517 257,505 $419,000 $ 53,649 94,451 162, 500 108,400 $419,000 Mc Graw Hill < Prev 6 7 of 7 Next > For both the current year and one year ago, compute in towing ratio Part 5 of 6 0.42 points ebook Hot 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 Net income Earnings per share 13,148 1 Year Ago $610,299 Current Year $773,387 $ 471,766 239,750 $ 396, 694 154,406 14,037 10,054 9,154 734,718 $30,000 $2.38 574,291 $ 36,008 $2.22 Print References For both the Current Year and 1 Year Ago, compute the following ratios (1-a) Profit margin ratio.. (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turnover. (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Mc Graw Hill < Prev 6 7 of 7 Next > M art 5 of 6 12 ints (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2 Required 3A Required 38 elloos Compute profit margin ratio for the current year and one year ago. H Print References Mc Graw Numerator: Current Year: 1 Year Ago: Profit Margin Ratio Denominator: Profit Margin Ratio Profit margin rabo 7 gure 1A Required 18 > < Prev 6 7 of 7 Next >> % D Feb 10 Part 5 of 6 (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. 0.42 points Required 1A Required 18 Required 2 Required JA Required 38 Did profit margin improve or worsen in the Current Year versus 1 Year Ago? ebook Hint Profit margin Print References < Required 1A Required 2 > Mc Graw Hill < Prev M EX 6 7 of 7 Next > Part 5 of 6 (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. 0,42 points Required 1A Required 18 Required 2 Required 3A Required 38 ebook Hint Print References Compute total asset turnover for the current year and one year ago. Total Asset Tumover Numerator: Denominator: Total Asset Turnover Total asset turnover Current Year: 1 Year Ago: times times Mc Graw Hill < Prev M m 7 of 7 Next > b t 5 or 6 Required information (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? 2 $24 Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2 Required 3A Required 38 Compute return on total assets for the current year and one year ago. Hint Prim eferences C waw Current Year: 1 Year Ago: Numerator: Return On Total Assets: Denominator: Return On Total Assets Return on total assets < Prev 6 7 of 7 Next > 6 Part 5 of 6 Required information (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. 0.42 points eBook Het Print References Required 1A Required 18 Required 2 Required 3A Required 35 Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Return on total assets