Simon Company's year-end balance sheets follow. At December 31 Assets Current Year 1 Year Ago 2 Years Ago Cash $ 27,481 $ 31,802 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 465,782 Liabilities and Equity Accounts payable $ 119,459 $ 69,895 Long-term notes payable Common stock, $10 par value Retained earnings 84,940 163,500 97,883 Total liabilities and equity $ 465,782 $ 401,536 80,445 98,140 8,938 250,778 55,653 72,798 8,432 232,851 $ 401,536 92,353 163,500 75,788 $ 33,127 43,732 47,515 3,681 203,245 $ 331,300 $ 43,294 71,021 162,500 54,485 $ 331,300 For both the current year and one year ago, compute the following ratios: (1-0) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-0) 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?