Required information [The following information applies fo the questrons disployed bevow] Simon Company's year-end balance sheets follow. 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 acid-test rave for each of the three years (2-b) Did the acld-test ratio improve or worsen over the threeyear period? Complete this question by entering your answers in the tabs below: Compuse the add-test ratio for each of the three years