Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Current Yr 1 Yr Ago 2 Yrs Ago Cash Accounts receivable, net $ 27,720 82,800 $ 34,055 $ 33,421 59,018 44,112 Merchandise inventory Prepaid expenses 103,075 77,224 48,422 9,382 8,592 3,789 Plant assets, net Total assets Liabilities and Equity Accounts payable 256,442 234,403 211,256 $479,419 $ 413,292 $341,000 $119,375 $ 71,243 $ 45,012 Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 91,933 93,156 73,854 162,500 162,500 105,611 $479,419 86,393 162,500 59,634 $ 413,292 $341,000 For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses The company's income statements for the Current Year and 1 Year Ago, follow. 592,082 1 Yr Ago $319,681 124,410 11,312 7,377 $ 491,817 Current Yr $623,245 $380,179 193,206 10,595 8,102 Net income Earnings per share 462,800 $ 31,163 $ 29,017 $ 1.92 $ 1.79 For both the Current Year and 1 Year Ago, compute the following ratios: