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Simon Companys year-end balance sheets follow. Simon Company's year end balance sheets follow Assets $ 31,800 $ 35,2se $ 37,see 89,600 62,800 5,800 112,800 82,8e0

Simon Companys year-end balance sheets follow.
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Simon Company's year end balance sheets follow Assets $ 31,800 $ 35,2se $ 37,see 89,600 62,800 5,800 112,800 82,8e0 4,ee 10,750 9,280 278,ee 254,580 23e, eee $522,150 $442,95e$376, 286 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 4,480 Total assets Liabilities and Equity Accounts payable 128,880 $ 73,25e 50,880 Long-term notes payable secured by mortgages on plant assets Common stock, $18 par value Retained earnings 96,eee !ee , eee 80 , 0ee 162,see 162,see 162,500 134,858187,28082,99e $522,15e $442,950 376,280 Total liabilities and equity The company's Income statements for the years ended December 31, 2017 and 2016, follow. 2017 2016 For Year Ended December 31 $ 685,88e Sales s 680,88e Cost of goods sold Other operating expenses interest expense $ 484,156 $ 384, ee8 144, e80 12,600 191,800 11, 700 Incone taxes 9,358 8,558 -549,158 Total costs and expenses 622,00 Net income S50,85 Earnings per share 4.18 3 13 Evaluate the company's efficiency and profcability by computing the following for 2017 and 2016 (1) Profit margin ratio. Profit Margin Ratio - Profit Margin Ratio Choose Denominator: Choose Numerator = | Profit margin ratio 2017 2016 (2) Total asset turnover. Total Asset Turnover | = Total Asset Turnover Choose Denominator Choose Numerator Total assetturnover 2017 times 2016 times (3) Return on total assets. Return On Total Assets | Return On Total Assets Choose Denominator: Choose Numerator: Return on total assets 2017 2016

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