The following information applles to the questions displayed belowy 5 imon Compony's year-end batance sheets follow. For both the currem year and one yent ago, compute the following ratios: (1-a) Compute the current ratio for each of the three years (\$-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 of worsen over the three-year period? (6) Answer is nat complete. Complete thin question try entering your answers in the tabs below. Compute the aod-test ratio for each of the three vears. [The following information applles 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 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? (8) Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the current ratio for cach of the three years