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Simon Company's year$-$end balance sheets follow.

The company's Income statements for the Current Year and $1$ Year Ago, follow.

For both the Current Year and $1$ Year Ago, compute the following ratios:

$1-$a$)$ Compute profit margin ratio for the current year and one year ago.

$1-$b$)$ Did profit margin improve or worsen in the Current Year versus $1$ Year Ago?

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Compute profit margin ratio for the current year and one year ago. $*$Fill out entire table. Numerator choices $($accounts receivable net, Average accounts receivable, net, cost of goods sold, current assets, current liabilities, net income, net sales$).$ Denominator choices $($accounts receivable net, average accounts receivable net, cost of goods sold, current assets, current liabilities, net income, net sales$)$ ALSO FIND Did profit margin improve or worsen in the Current Year versus $1$ Year Ago?