Simon Company's year-end balance sheets follow.

I really need some help with the blank areas.

Exercise 13-7 Analyzing liquidity LO P3 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 $ 34,577 98,268 119,883 10,919 305,328 $ 568,975 $ 38,847 $ 41,267 67,983 53,955 89,834 55,743 10,300 4,496 283,532 249,239 $ 490,496 $ 404,700 $ 141,675 $ 83,723 $ 53,955 109,107 162,500 155,693 $ 568,975 113,942 162,500 130,331 $ 490,496 88,544 162,500 99,701 $ 404,700 (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? Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 2B Compute the current ratio for each of the three years. = Current Ratio Current Ratio Choose Numerator: Choose Denominator: Current assets Current liabilities 1 $ 11 $ 11 $ Current Yr: 1 Yr Ago: 2 Yrs Ago: 141,675 83,723 = 53,955 = Current ratio to 1 0.00 to 1 0.00 to 1 Required 1A Required 1B >