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 Current Year 1 Year Ago 2 Years Ago 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 $ 29,926 85,884 106,914 9,259 265,290 $ 497,273 $127,536 90,683 $ 34,638 58,815 80,100 9,002 246,129 $ 428,684 $ 73,897 99,583 162,500 162,500 116,554 92,704 $ 497,273 $428,684 For both the current year and one year ago, compute the following ratios: $ 34,316 45,755 51,230 4,007 218,392 $ 353,700 $ 47,622 80,513 162,500 63,065 $ 353,700 Prev 1 of 1 Next