Simon Company's year-end balance sheets follow.

Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: he company's income statements for the current year and 1 year ago, follow. or both the Current Year and 1 Year Ago, compute the following ratios: 1-a) Profit margin ratio. 1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? 2) Total asset turnover. 3-a) Return on total assets. 3-b) 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. Compute profit margin ratio for the current year and one year ago. Compute total asset turnover for the current year and one year ago. Return On Total Assets Required 2 Required 3B >