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. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 28,153 81,596 102,591 8,797 251,308 $31,931 56,449 75,347 8,638 234,915 $ 407,280 $472,445 $114,110 87,043 162,500 108,792 81,339 $ 472,445 $ 407,280 $ 68,830 94,611 162,500 For both the current year and one year ago, compute the following ratios: $ 33,601 45,697 49,159 3,621 207,322 $339,400 $ 46,145 75,007 163,500 54,748 $339,400