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Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash Accounts receivable, net Merchandise inventory

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Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses $ 35,988 $ 43,329 $ 43,816 106,392 74,354 57,842 131,144 98,253 60,980 11,242 10,822 4,820 Plant assets, net 325,208 299,082 270,742 Total assets $609,974 $525,840 $ 438,200 Liabilities and Equity Accounts payable $147,327 $ 89,756 $ 58,999 Long-term notes payable secured by mortgages on plant assets 115,822 117,315 93,937 Common stock, $10 par value 162,500 162,500 162,500 Retained earnings 184,325 156,269 122,764 Total liabilities and equity $609,974 $525,840 $438,200 For Year Ended December 31 Cost of goods sold Other operating expenses. The company's income statements for the Current Year and 1 Year Ago, follow. Sales Current Yr 1 Yr Ago $792,966 $406,738 158,315 $625,750 $483,709 245,819 Interest expense 13,480 Income tax expense 10,309 14,392 9,386 Total costs and expenses Net income 753,317 $ 39,649 588,831 $ 36,919 Earnings per share. $ 2.44 $ 2.27 For both the Current Year and 1 Year Ago, compute the following ratios: Exercise 13-9 Part 1 5 F2 < Previ 2 3 4 of 8 Next > 80 F3 888 F4 MacBook Air g:

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