Required information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. The company's income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios: (1-a) Compute profit margin ratio for the current year and one year ago. (1-b) Did profit margin improve or worsen in the Curtent Year versus 1 rear Ago? Complete this question by entering your answers in the tabs below. Computo profit margin ratio for the current year and ong year ago