The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 33,645 $ 38,549 $ 40,966 93,650 70,186 52, 458 118,961 90,944 59,923 10,513 10,323 4,462 307,831 276, 722 251,891 $ 564,600 $ 486,724 $ 409,700 $ 137,774 102,960 162,500 161,366 $ 564,600 $ 82,256 $ 52,458 111,947 88, 733 163,500 163,500 129,021 105,009 $ 486,724 $ 409,700 Onlpute the current ratio for each of the three years. d the current ratio improve or worsen over the three-year period? Smpute the acid-test ratio for each of the three years. ad the acid-test ratio improve or worsen over the three-year period? aplete this question by entering your answers in the tabs below. Fed 1A Required 1B Required 2A Required 2B ute the current ratio for each of the three years. Current Ratio Choose Numerator: 1 Choose Denominator: DI Current Ratio HI Current ratio - Yr: o: 1 to 1 to 1 Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 2B Compute the acid-test ratio for each of the three years. Acid-test ratio Choose Numerator: Choose Denominator: Current Yr 1 Yr Ago: 2 Yrs Ago: Acid-Test Ratio Acid-test ratio to 1 to 1 to 1