[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Common stock, $10 par value Long-term notes payable Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 32,000 89,300 111,000 10,800 277,000 $520,100 $ 130,000 96,500 $ 35,500 62,000 $ 38,200 50,500 54,500 84,000 9,450 249,500 $ 440,450 $ 72,750 98,250 160,500 108,950 160,500 133,100 $520,100 $ 440,450 5,000 234,000 $ 382,200 $ 50,600 80,600 160,500 90,500 $ 382,200 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales. Cost of goods sold Interest expense Other operating expenses Income tax expense Current Year $ 755,000 $ 468,100 234,050 12,100 9,400 723,650 $ 31,350 $ 1.95 1 Year Ago $ 600,000 $ 384,000 144,000 13,300 8,800 550,100 $ 49,900 $ 3.11 Total costs and expenses Net income Earnings per share. For both the Current Year and 1 Year Ago, compute the following ratios: