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[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow.

At December 31	Current Year	1 Year Ago	2 Years Ago
Assets
Cash	$ 35,332	$ 41,300	$ 41,350
Accounts receivable, net	103,448	75,962	57,946
Merchandise inventory	134,007	96,480	60,520
Prepaid expenses	11,842	11,394	4,688
Plant assets, net	326,439	301,647	261,696
Total assets	$ 611,068	$ 526,783	$ 426,200
Liabilities and Equity
Accounts payable	$ 155,199	$ 88,136	$ 57,384
Long-term notes payable	111,434	118,737	95,132
Common stock, $10 par value	162,500	163,500	162,500
Retained earnings	181,935	156,410	111,184
Total liabilities and equity	$ 611,068	$ 526,783	$ 426,200

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?