Simon Companys year-end balance sheets follow.

At December 31	Current Yr				1 Yr Ago			2 Yrs Ago
Assets
Cash		$	32,128		$	36,811		$	39,926
Accounts receivable, net			94,039			63,769			51,653
Merchandise inventory			115,917			88,565			57,268
Prepaid expenses			10,141			9,468			4,436
Plant assets, net			286,926			266,172			246,017
Total assets		$	539,151		$	464,785		$	399,300
Liabilities and Equity
Accounts payable		$	135,591		$	80,120		$	52,708
Long-term notes payable secured by mortgages on plant assets			99,333			103,694			90,010
Common stock, $10 par value			162,500			162,500			162,500
Retained earnings			141,727			118,471			94,082
Total liabilities and equity		$	539,151		$	464,785		$	399,300

(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?

Current Ratio
	Choose Numerator:	/	Choose Denominator:	=	Current Ratio
		/		=	Current ratio
Current Yr:		/		=		to 1
1 Yr Ago:		/		=		to 1
2 Yrs Ago:		/		=		to 1