Required Information [The following information applies to the questions displayed below] 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 ratio for each of the three years. (2.b) Did the acid-test ratio improve or worsen over the three-year perlod? Complete this question by entering your answers in the tabs below. 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 ratio for each of the three years. (2-b) Did the acid-test ratto improve or worsen over the three-year period? Complete this question by entering your answers in the tabs below. Compute the current ratio for each of the three years. (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 perlod? (2-a) Compute the acid-test rato for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three-year period? Complete this que jion by entering your answers in the tabs below. Did the current ratio improve or worsen over the three-year period? 1-a) Compute the current ratlo for each of the three years: 2.b) Did the current rato improve or worsen over the three-year perlod? 2-a) Compute the acid-test ratio for each of the three years. 2.b) Did the acid-test ratio Improve or worsen over the three-year period? Complete this question by entering your answers in the tabs brelow. Compute the acid-test ratis for each of the three years. (1-a) Compute the current ratlo for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year perlod? (2-a) Compute the acid-test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three-year perlod? Complete this question by entering your ansvyers in the tabs below. Did the acid-test ratio improve or worsen over the three-year period