Required information [The following information applles 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: (1-a) Compute the current ratlo for each of the three years. (1-b) Did the current ratlo improve or worsen over the three-year period? (2-a) Compute the acid-test ratlo for each of the three years. (2-b) Did the acid-test ratlo Improve or worsen over the three-year period? Complete this question by entering your answers in the tabs below