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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) Siman Company's year-end balance

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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) Siman 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 $ 36,777 $42,989 74,478 $ 43,002 97,423 164,459 135, 358 12,088 334,664 $ 623,338 11,397 311,073 $ 537,368 60, 803 62,952 4,827 276, 136 $447,898 103,500 $ 156,763 $ 80,906 120,703 162,500 183,372 121,121 $59,110 07,974 163,500 162,833 127,216 $ 623,338 $ 537,360 $ 447,800 For both the current year and one year ago, compute the following ratios: Exercise 17-7 (Algo) Analyzing liquidity LO P3

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