please help me find the acid test ratio! if you could also show me how you did kt i would really appriciate it!

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. Current Year 1 Year Ago 2 Years Ago 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 $ 31,825 88,586 114,825 10, 147 288,686 $ 534,069 $ 37,937 64,457 85,175 9,668 263, 167 $ 460,404 $ 37,983 50,644 56,705 4,177 241,991 $ 391,500 $ 135,643 100,405 163,500 134,521 $ 534,069 $ 77,808 108,011 163,500 111,085 $ 460,404 $ 53,228 84,791 163,500 89,981 $ 391,500 Exercise 13-7 (Algo) Analyzing liquidity LO P3 (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-a) Compute the acid-test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three-year period? Compute the acid-test ratio for each of the three years. Acid-testato Denominator - Cash Numerator Short-term investments $ 72.1233 3 135.6433 X = $ 39 213 Acid-Test Ratio Acid estrato to 246.979.00 1 18020200 1 to 70,927,50 1 13 $ $ 77,8053 64.4573 3 Current Year: 1 Year Ago: 2 Years Ago: s 37937 53.2283 28 - $ S $ 37 983 50.6443