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 103,075 Current Yr 1 Yr Ago 2 Yrs Ago $ 27,720 82,800 $ 34,055 $ 33,421 59,018 77,224 44,112 48,422 9,382 8,592 3,789 Plant assets, net 256,442 234,403 211,256 Total assets $479,419 $ 413,292 $ 341,000 Liabilities and Equity Accounts payable $119,375 $ 71,243 $ 45,012 Long-term notes payable secured by mortgages on plant assets 91,933 Common stock, $10 par value 162,500 93,156 162,500 73,854 162,500 Retained earnings 105,611 86,393 59,634 Total liabilities and equity $479,419 $ 413,292 $341,000 For Year Ended December 31 Sales Cost of goods sold The company's income statements for the Current Year and 1 Year Ago, follow. 1 Yr Ago $319,681 $491,817 Current Yr $623,245 Other operating expenses $380,179 193,206 Interest expense 10,595 Income tax expense 8,102 124,430 11,312 7,377 Total costs and expenses 592,082 I 462,800 Net income $ 31,163 $ 29,017 Earnings per share $ 1.92 $ 1.79 For both the Current Year and 1 Year Ago, compute the following ratios: