Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 30,400 86,900 112,000 10,400 282,000 $521,700 $ 36,000 $ 38,200 62,500 49,500 82,200 52,500 9,350 4,800 248,000 228,000 $438, 050 $ 373,000 $ 128,800 $ 73,000 $ 51,000 98,000 161,500 133,400 $521,700 100, 250 84,000 161,500 161,500 103,300 76,500 $438,050 $ 373,000 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 Current Yr $755,000 $468,100 241,600 11,300 9,600 730,600 $ 24,400 1 Yr Ago $570,000 $364,800 131,100 13,500 8,975 518,375 $ 51,625 1.51 3.20 For both the Current Year and 1 Year Ago, compute the following ratios: (3-a) Return on total assets. (3-6) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 3A Required 38 Return on total assets Return On Total Assets Choose Numerator: Choose Denominator Return On Total Assets Rotum on total assets Current Year: 1 Year Ago