! Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Current Year 1 Year Ago 2 Years Ago Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable $ 30,998 88,952 112,959 9,982 277,299 $ 35,516 64,037 83,791 9,229 255,867 $ 448,440 $ 520,190 $ 129,527 Long-term notes payable 97,796 Common stock, $10 par value 163,500 129,367 Total liabilities and equity $520,190 $ 448,440 Retained earnings $ 76,544 102,110 163,500 106,286 For both the current year and one year ago, compute the following ratios: $ 36,996 49,328 53,596 4,028 229,752 $ 373,700 $ 48,342 84,239 163,500 77,619 $ 373,700 The company's income statements for the current year and one year ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Year $ 676,247 $ 412,511 209,637 11,496 8,791 642,435 $ 33,812 $ 2.08 1 Year Ago $ 533,644 $ 346,869 135,012 12,274 8,005 502,160 $ 31,484 $ 1.94