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 $ 31,200 89,600 111,000 10,700 278,000 $520,500 $ 129,600 97,000 $ 35,750 61,500 83,000 9,400 253,500 $ 443,150 $ 73,750 101,250 163,000 105,150 163,000 130,900 $520,500 $ 443,150 $ 37,800 49,000 54,000 4,600 230,000 $ 375,400 $ 51,200 84,000 163,000 77,200 $ 375,400 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 $ 755,000 $ 460,550 234,050 12,100 9,400 716,100 $ 38,900 $ 2.39 1 Year Ago $ 384,300 146,400 12,800 8,750 $610,000 552,250 $ 57,750 $ 3.54 For both the Current Year and 1 Year Ago, compute the following ratios: