Required information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. At December 31 Assets Cash Current Yr 1 Yr Ago 2 Yrs Ago Accounts receivable, net Merchandise inventory Prepaid expenses $ 30,000 88,700 $ 35,000 $ 38,000 62,500 49,500 111,500 83,400 54,500 10,600 9,500 4,100 Plant assets, net 281,000 248,500 227,000 Total assets $521,800 $438,900 $373,100 Liabilities and Equity Accounts payable $129,200 $ 76,000 $ 50,400 Long-term notes payable secured by mortgages on plant assets 97,000 99,750 83,400 Common stock, $10 par value 161,000 161,000 161,000 Retained earnings 134,600 102,150 78,300 Total liabilities and equity $521,800 $438,900 $ 373,100 The company's income statements for the Current Year and 1 Year Ago, follow. Sales For Year Ended December 31 Cost of goods sold Other operating expenses Interest expense 1 Yr Ago $590,000 Current Yr $785,000 $463,150 243,350 $371,700 141,600 13,200 8,875 727,400 535,375 $ 57,600 $ 54,625 $ 3.58 $ 3.39 Income tax expense Total costs and expenses 11,400 9,500 Net income Earnings per share For both the Current Year and 1 Year Ago, compute the following ratios: