Required Information Use the following Information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below) Current Year Peter Year Cash 5 10,400 $ 13,400 Accounts receivable 68,500 25,500 Equipment, net 57.000 50,400 Land 33.000 72.500 Total assets $225,500 $152.100 QS 17-6 (Algo) Vertical analysis LO P2 Express the items in common size percents Round your percentage answers to one decimal place.) Currene Year Prior Year Accounts recent Ement Land Taw 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. Current Year 1 Year Ago 2 Years Ago 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 Canon stock: 916 par value Retained earnings Total liabilities and equity $ 27,996 81,140 105, 110 9, 016 256, 834 $ 479, 296 $ 32, 724 56,689 75, 675 8,764 239, 334 $ 413, 186 $ 34,432 46,828 50,869 3,864 211,807 $ 347,800 $ 118,151 89, 207 162,500 109,438 $ 479, 296 S 69,828 93, 132 163,500 86,726 $ 413,186 $ 46,369 74,558 163,500 63,373 $ 347.888 For both the current year and one year ago, compute the following ratios: ODP The company's income statements for the current year and 1 year ago Follow For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Incose tax expense Total costs and expenses Net Income Earnings per share Current Year $ 623,005 $ 380,082 193, 150 10,592 8,100 591,930 $ 31, 155 $1.92 1 Year Ago $ 491,601 $319,599 124, 398 11, 309 7,375 462,581 $ 23,010 $1.75 For both the Current Year and 1 Year Ago, compute the following ratios: Dimarcinatin (2) Total asset turnover. (3-a) Return on total assets. 3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2 Required 3A Required 30 Compute profit margin ratio for the current year and one year ago Prof Marin Hato Denominator Numerator: -Profit Margin Raso Profit margina Current Year: 1 Year Ago Required 13 (1-a) Profit margin ratio. (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turnover. (3-2) Return on total assets (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2 Required 3A Required 38 Did profit margin improve it worsen in the current Year versus 1 Year Ago? Protein (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 2A Required 1B Required 2 Required 3A Required 38 Compute return on total assets for the current year and one year ago Return On Total Anses Denominator Numerator tut On Total Assets Retum on total assets Current Year: 1 Year Ago: