Please include the numerator and denominator

Exercise 13-7 Analyzing liquidity LO P3 Simon Company's year end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago 5 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 35,864 $ 41,922 $ 42,791 101,867 72,630 60,584 131,999 95,006 64,541 11,434 11,005 4,804 326,706 303,463 272,880 $ 607,870 $ 524, 026 $ 445,600 $ 149,846 $ 87,675 $ 59,407 111,994 162,500 183,530 $607,870 116,910 96,508 162,500 162,500 156,941 127,185 $ 524, 026 $ 445,600 (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? ee year periods Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 28 Compute the current ratio for each of the three years. Choose Numerator: Current Ratio Choose Denominator: Current Yr: 1 Yr Ago: 2 Yrs Ago: Current Ratio Current ratio 0 to 1 0 to 1 0 to 1 R1474 Required 1B > lete this question by entering your answers in the tabs below. Required 1A Required 15 Required 2A Required 28 Compute the acid-test ratio for each of the three years Acid-test ratio Choose Numerator Choose Denominator: Current Yr: 1 Yr Ago: 2 Yrs Ago - Acid-Test Ratio Acid fost ratio oto 1 oto 1 O to 1