Required information The following information applies to the questions displayed below 066 points Simon Company's year-end balance sheets follow Current Yr 1 Ye Ago 2 Yes Ago At December 31 Assets S 35,750 38,400 63,500 se,400 9,s00 251,500 5 32,000 86,300 110,500 10,400 278,000 eBook Cash 49,000 54,s00 5,000 234,000 Accounts receivable, net erchandise Lnventory Prepaid expenses Plant assets, net Hint $440,650 380,900 $517,200 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity S 73,000 se,000 $128,800 Print 81,000 162,500 87,400 101,000 162,500 104,150 5440,65e S 380,900 95, s00 262, 5ee 130,400 $517,200 Rrfeences The company's income statements for the Current Year and 1 Year Ago, follow For Year Ended December 31 Sales Current Yr $745,000 1 Ye Ago S 580,000 Cost of goods sold other operating expenses Interest expense Income tax axpense Total costs and expenses $469,350 234,400 11,800 9,550 $365,400 133,400 13,200 8,850 729,100 520,850 Net income s 15,900 59,15 tarnings per share 0.98 S 3.64 For both the Current Year and 1 Year Ago, compute the following ratios (3-a) Return on total assets (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago?