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Simon Companys year-end balance sheets follow. (1-a) Compute profit margin ratio for the current year and one year ago. (1-b) Did profit margin improve or

Simon Companys year-end balance sheets follow.

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(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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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: Compute profit margin ratio for the current year and one year ago

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