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Simon Company's year$-$end balance sheets follow.

At December $31$ Current Year $1$ Year Ago $2$ Years Ago

Assets

Cash $ $25,460$ $ $30,368$ $ $31,627$

Accounts receivable, net $73,79153,14441,756$

Merchandise inventory $96,56568,82144,474$

Prepaid expenses $8,4507,8123,376$

Plant assets, net $236,068219,453191,967$

Total assets $ $440,334$ $ $379,598$ $ $313,200$

Liabilities and Equity

Accounts payable $ $109,643$ $ $65,435$ $ $42,169$

Long$-$term notes payable $80,29989,05469,909$

Common stock, $$10$ par value $162,500162,500162,500$

Retained earnings $87,89262,60938,622$

Total liabilities and equity $ $440,334$ $ $379,598$ $ $313,200$

For both the current year and one year ago, compute the following ratios:

$(1-$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 quick ratio for each of the three years.

$(2-$b$)$ Did the quick ratio improve or worsen over the three$-$year period?