! Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. $ 38,328 65,082 89,512 9,962 271,476 $ 37,961 50,614 57,255 4,261 245,209 At December 31 Assets Current Year 1 Year Ago. 2 Years Ago Cash Accounts receivable, net Merchandise inventory Prepaid expenses $ 32,465 95,976 118,305 Plant assets, net 10,350 293,162 Total assets Liabilities and Equity $ 550,258 Accounts payable $ 138,384 Long-term notes payable, Common stock, $10 par value Retained earnings 102,414 162,500 146,960 Total liabilities and equity $ 550,258 $ 474,360 $ 81,770 106,921 163,500 122,169 $474,360 For both the current year and one year ago, compute the following ratios $ 395,300 $ 50,614 86,488 163,500 94,698 $ 395,300 Prev 1 of 1 Next >