Required informotion Use the following Information for the Exercises below. (Algo) [The following information applies to the questions aisplayed below] Simon Company's year-end balance sheets follow. For both the current year and one year ago. compute the following ratios: Exercise 13-10 (Algo) Anolyzing efficiency ond profitability LO P3 The company's income statements for the current year and i year ago, follow. For both the Current Year and 1 Year Ago, compute the following ratos: (1-0) Profit margin ratio. (1.b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (2) Total asset turnover. For both the Current Year and 1 Year Ago, compute the following ratios. (1-0) Profit margin ratio. (1.b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (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? Answer is not complete. Complete this question by entering your answers in the tabs below. Compute profit margin ratio for the current year and one year ago, (3-a) Retum 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? Answer is not complete. Complete this question by entering your answers in the tabs below. Compute total asset turnover for the current year and one year ago. (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 Yea Answer is not complete. Complete this question by entering your answers in the tabs below. Compute retum on total assets for the current year and one year ago