Required Information Use the following information for the Exercises below. (Static) [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: Exerclse 17-10 (Static) Analyzing efficlency and profitability LO P3 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: (1-0) Profit margin ratio (1-b) Did proft margin improve or worsen in the Cutrent Yearvetsus 1 Year Ago? (2) Totol asset turnover. (3.0) Return on total assets: (3-b) Based on return on total sssets. did Simon's operating efficiency impove or worsen in the Curtent Yearveesus yeac.Aco? Complete this question by entering your answers in the tabs below. Compute profit margin ratio for the current year and one year ago: Complete this question by entering your answers in the tabs below. Did profit margin improve or worsen in the Current Year versus i Year Ago? Compute total asset tumover for the current year and one year ago. Compute return on total assets for the current year and one year ago. Complete this question by entering your answers in the tabs below. Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? 1. Return on equity. 2. Dividend yield 30. Price-earnings ratio on December 31 . 3b. Assuming Simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Compute the return on equity for each year. Compute the dividend yield for each year. Note: Round your answers to 2 decimal places. Compute the price-earnings ratio for each year. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Assuming Simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future growth? Which company has higher market expectations for future growth