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 $ 35,942 $ 40,777 $ 43,317 102,127 73,522 97,154 10,812 292,593 130,974 11,234 316,958 $ 597,235 $ 514,858 54,391 59,115 4,720 263,257 $ 424,800 $ 57,195 93,881 $151,686 111,157 162,500 171,892 $ 89,621 120,786 163,500 140,951 162,500 111,224 $ 597,235 $ 514,858 $424,800 For both the current year and one year ago, compute the following ratios