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Simon Company's year$-$end balance sheets follow.

$\backslash$table$[[$At December $31,$Current Year,$1$ Year Ago,$2$ Years Ago$],[$Assets$],[$Cash$,$$$31,800,$$$35,625,$$$37,800],[$Accounts receivable, net,$89,500,62,560,5\backslash$theta $,200],[$Merchandise inventory,$112,500,82,500,54,000],[$Prepaid expenses,$10,700,9,375,5,\backslash$theta $\backslash$theta $],[$Plant assets, net,$278,500,255,000,230,500],[$Total assets,$$523,000,$$$445,90\backslash$theta $,$$$377,500],[$Liabilities and Equity,,,$],[$Accounts payable,$$129,900,$$$75,250,$$$51,250],[$Long$-$term notes payable,$98,500,101,506,83,500],[$Common stock, $$1$e par value,$163,500,163,500,163,500],[$Retained earnings,$131,100,104,750,79,250],[$Total liabilities and equity,$$523,000,$$$445,900,$$$377,500]]$

For both the current year and one year ago, compute the following ratios:

$(1-$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.