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! 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
! 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 $ 543,669 $ 135,374 Long-term notes payable Common stock, $10 par value Retained earnings 101,188 162,500 144,607 Total liabilities and equity $ 543,669 Current Year 1 Year Ago 2 Years Ago $ 36,370 67,584 $ 31,435 90,178 116,889 10,640 294,527 88,440 9,645 266,641 $ 468,680 $ 37,518 51,555 55,461 4,381 237,785 $ 386,700 $ 50,024 88,025 163,500 85,151 $ 386,700 $ 80,791 107,796 163,500 116,593 $ 468,680 For both the current year and one year ago, compute the following ratios:
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