Required information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and 1 year ago, folow For both the Curtent Year and 1 Year Ago, compute the following ratos (1-e) Profit margin ratio. (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turriover (3-a) Return on total assets (3.b) Based on retuin on totof assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Yeac Ago? company's income statements for the current year and 1 year ago, follow. both the Current Year and 1 Year Ago, compute the following ratios: ) Profit margin ratio. Did profit margin improve or worsen in the Current Year versus 1 Year Ago? Total asset turnover. a) Return on total assets. b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute profit margin ratio for the current year and one yoar ago. he 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-e) Profit margin ratio. (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turnover. (3-0) Return on total assets (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Did profit margin improve or worsen in the Current Year versus 1 Year Ago? The company's income statements for the current year and 1 year ago, follow. For both the Curtent Year and 1 Year Ago, compute the following ratios: (1.0) Profit margin ratio (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset tumover (3-e) Retum on total assets (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute total asset turnover for the current yearand one year ago. The company's income statements for the current year and 1 year ago, foliow. For both the Curtent Year and 1 Year Ago, compute the following ratios: (1-b) Profit margin ratio (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turnover (3-6) Return on total ascets (3-b) Based on tefurn on fotal assets, did Simons operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Cemplete this question by entering vour answers in the tabs belew. Compute return on total assets for the current year and one year ago. 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-o) Profit margin ratio (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turnover. (3-o) Retum on total assets (3-b) Based on return on fotal assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Based on return on total assets, did simn's operating efficiency improve or worsen in the Current Year versus : Year Ago
