Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 27,195 76,477 $ 32,103 56,180 98,118 8,758 245,813 $ 456,361 $114,770 86,654 72,782 8,344 224,006 $393,415 $ 67,152 90,485 162,500 162,500 92,437 73,278 $ 456,361 $ 393,415 For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and 1 year ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share i Current Year $ 593,269 $ 361,894 183,913 10,086 7,712 563,605 $ 29,664 $ 1.83 $ 33,099 41,562 45,632 3,606 200,701 $ 324,600 $ 42,419 71,737 163,500 46,944 $ 324,600 1 Year Ago $ 304,307 118,445 10,768 7,022 $ 468,164 440,547 $ 27,622 $ 1.70