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will upvote Simon Company's year-end balance sheets follow. Current Yr 1 Yr ABD 2 Yes Ago At December 31 Assets Cash Accounts receivable, net Merchandise

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Simon Company's year-end balance sheets follow. Current Yr 1 Yr ABD 2 Yes 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 10.600 86,400 111,000 10,650 282,000 $520,650 $ 35,000$ 37,400 62,500 50,500 82,800 55,000 9,350 4,400 251,500 231,000 $441,150 $ 378,300 $130,000 $ 75,000 $ 51,000 97,500 98,000 82,800 162,500 162,500 162,500 130,650 105,650 82,800 $520,650 $441,150 $ 378,300 The company's income statements for the Current Year and 1 Year Ago, follow, For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses let income Earnines per share Current Yr $735,000 $455,700 235, 200 11,800 9,500 712,200 $ 22,800 1 yr Ago $ 640,000 $396,880 160,000 13,280 3,550 578,550 $ 61,450 $ 1.40 $ 3.78 (1-a) Profit margin ratio. (1-b) Did profit margin improve or worsen in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Profit margin ratio. Choose Numerator: Profit Margin Ratio Choose Denominator: 1 Current Year: 1 Year Ago: III - Profit Margin Ratio Profit margin ratio 0 % 0 % 1 FA Required 18 > Exercise 13-10 Part 2 (2) Total asset tumover. Choose Numerator: Total Asset Turnover Choose Denominator: Total Asset Turnover = Current Year: Total asset turnover times 1 Year Ago: H times Exercise 13-10 Part 3 (3.a) Return on total assets (3-6) Based on return on total assets, did Simon's operating efficiency improve or women in the Current Yene version 1 Year Ago? Complete this question by entering your answers in the tabs below, Required 3A Required 38 Return on total assets Return On Total Assets Choose Numerator Choose Denominator Return On Total Assets Return on total assets Current Year: 1 Year Ago: Required 38)

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