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Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow.
Use the following information for the Exercises below. (Algo) [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 Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 30,884 89,512 108,131 9,946 274,724 $ 513,197 $ 129,064 95,516 163,500 125,117 $ 513,197 $ 36,455 61,318 82,664 9,476 252,498 $ 442,411 $ 73,272 100,737 163,500 104,902 $ 442,411 For both the current vear and one year ago compute the following ratings $ 37,605 50,140 53,410 4,014 227,231 $ 372,400 $ 48,665 82,300 163,500 77,935 $ 372,400
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