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Requlred Information [The following informotion opplies to the questions disployed below.] Simon Company's year-end balance sheets follow. The company's income statements for the Current Year

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Requlred Information [The following informotion opplies to the questions disployed below.] 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: 3-a) Compute return on total assets for the current year and one year ogo. 3-b) Bosed 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. Compute return on total assets for the current year and one year ago. Required Information [The following informotion opplies to the questions disployed below.] Simon Company's year-end bolance sheets follow. The compony'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: 3-a) Compute return on total assets for the current year and one year ogo. 3-b) Bosed 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. Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago

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