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Simon Company's year - end balance sheets follow.Simon Company's year - end balance sheets follow.Simon Company's year - end balance sheets follow. The company's income

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Simon Company's year-end balance sheets follow.Simon Company's year-end balance sheets follow.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?
Complete this question by entering your answers in the tabs below.
Compute profit margin ratio for the current year and one year ago.
The company's income statements for the current year and one year ago, follow.
Compute debt and equity ratio for the current year and one year ago.
For both the current year and one year ago, compute the following ratios:
(1-a) Compute the current ratio for each of the three years.
(1-b) Did the current ratio improve or worsen over the three-year period?
(2-a) Compute the acid-test ratio for each of the three years.
(2-b) Did the acid-test ratio improve or worsen over the three-year period?
Complete this question by entering your answers in the tabs below.
Compute the current ratio for each of the three years.
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