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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 receivable,

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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 receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable $ 31,502 Current Year 1 Year Ago 2 Years Ago $ 26,379 75,674 96,126 $ 32,408 53,960 70,577 8,495 249.548 8,011 228,339 $ 456,222 $ 393,295 Long-term notes payable Common stock, $10 par value $ 110,191 84,912 162,500 98,619 Total liabilities and equity $ 456,222 $ 393,295 Retained earnings $ 68.461 92,267 162,500 70,067 41,582 45,636 3,465 196,015 $ 318,200 $ 41,582 71,729 162,500 42,389 $ 318,200 The company's income statements for the current year and one 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 183,858 10.083 7,710 Current Year 1 Year Ago $ 593,089 $ 468,021 $ 361,784 $ 304,214 118,409 10,764 7,020 563,435 $ 29,654 440,407 $ 27,614 Earnings per share $1.82 $ 1.70 For both the current year and one year ago, compute the following ratios:

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