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Simon Company's year-end balance sheets follow. The company's income statements for the Current Year and 1 Year Ago, follow. (1-a) Compute profit margin ratio for

Simon Company's year-end balance sheets follow. The company's income statements for the Current Year and 1 Year Ago, follow. (1-a) Compute profit margin ratio for the current year and one year ago. (1-b) Did profit margin 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. Did profit margin improve or worsen in the Current Year versus 1 Year Ago

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