! Required Information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. 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 Current Year 1 Year Ago 2 Years Ago $ 36,370 $ 37,518 67,584 $ 31,435 90,178 116,889 10,640 294,527 $ 543,669 $ 135,374 101,188 162,500 144,607 88,440 9,645 266,641 $ 468,680 $ 80,791 107,796 163,500 116,593 $ 543,669 $ 468,680 For both the current year and one year ago, compute the following ratios: 51,555 55,461 4,381 237,785 $ 386,700 $ 50,024 88,025 163,500 85,151 $ 386,700 $ 557,729 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Interest expense Other operating expenses Income tax expense Total costs and expenses Net income Earnings per share Current Year $ 706,770 $ 431,130 219,099 12,015 9,188 1 Year Ago Additional Information about the company follows. Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago 671,432 $ 35,338 $ 2.17 $ 362,524 141,105 12,828 8,366 $ 32.00 30.00 0.36 0.18 524,823 $ 32,906 $ 2.02