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thank you . [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. For both the current year and one

thank you .
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[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 tatios Exercise 17-10 (Algo) Analyzing efficiency and profitability LO P3 The compony's income statements for the current year ond t year ngo follow The company's income statements for the current year and 1 year ago, follow. For 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) Retum 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

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