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 $ 27,888 82,445 Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable 100,610 8,891 252,847 $ 33,251 56,477 76,138 8,643 232,975 $ 472,681 $ 407,484 $ 116,521 Long-term notes payable Common stock, $10 par value Retained earnings 90,641 163,500 102,019 Total liabilities and equity $ 472,681 $ 407,484 $ 68,865 93,721 163,500 81,398 For both the current year and one year ago, compute the following ratios: $ 34,304 44,366 49,695 3,773 214,362 $ 346,500 $ 46,653 78,874 162,500 58,473 $ 346,500 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 $ 614,485 $ 374,836 1 Year Ago $ 484,906 190,490 10,446 7,988 583,760 $ 30,725 $ 315,189 122,681 11,153 7,274 456,297 $ 28,609 $ 1.76 $ 1.89