work Sand Simon Company's year-end balance sheets follow. A December 31 Assets Cash Accounts receivable, net Merchandise inventry 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 Current Yr 5 30,291 89,586 112,637 3 Yr Ago 2 Yrs Age $36,853 s 38,412 62,596 50,704 86,058 56,749 9,854 9,295 4,353 281,525 $523,893 $451,612 $ 388,080 256,830 237,782 $131,754 $ 75,563 $ 52,752 100,462 103,875 88,328 162,500 162,500 162,500 129,177 189,594 84,428 $523,093 $ 451,632 5 388, (1-a) Compute the current ratio for each of the three years. (1-6) 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? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 20 Compute the current ratio for each of the three years. 80 23 a 02 13 $ D4 % 5 " MacBook Air 66 G 94 Dil DO " "T " & 87 E R T Y U 8 ( 9 0 D F G H J K C V B N M 1-30009 202130 Agents Bus4-7-02-1000920213 work Saved Question 2-C. 52 H (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? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 201 Compute the current ratio for each of the three years. Current Ratio Choose Numerator: Choose Denominator Current Yr Yr Ago 2 Yrs Age: O 80 a LIT E $ 54 13 85 % 66 Current Ratio Cumentatio Required 18 > < Prev 2 of 3 Next > MacBook Air 81 27 &7 * 7 8 R T Y U D F G C > B H A Dll DO " " - 61 J K N M Window Help tomheducation.com 300022130 Assign BA7-01-50009 2010 Question 2-Ch work Seved 30 3 E (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? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Did the current ratio improve or worsen over the three year period? Cument rate $ 54 13 02 FS 55 66 < Prev 23 Next > MacBook Air G " & A 00 " Dil " DD " ( 7 8 9 R T Y U FL G H J K O ork 0 dal Compute the cument ratio for sach of the years na Oid the current ratio improve or worsen over the thr (2a) Compute the acid testi reach of the three years 12- Od the add est ratio improve or worsen over the three year Complete this question by entering your answers in the tabe below Compute the best ratis for cach of t Cent " 4 An a 55 " MacBook Air 66 E R T Y & 20 7 81 00 D F G H U - G - 61 9 21 Check y 01 K L C V B N M V- 2 < - IB P : ww A. Y command ? I option work 0 dation.com (-a) Compute the cument ratio for each of the three years. - Did the cument ratio improve or worsen over the three year period? 12-a) Compute the ecd-best ratio for each of the three years (2-6) Did the acid-test ratio improve or worsen over the three year period? Complete this question by entering your answers in the tabs below. Did the co-test rate improve or worsen sver the three year period SO 13 4 51 55 > MacBook Air " " 66 & 7 E R T Y U D C F > 84 .00 8 1 C Help Se D " ' 9 0 0 P G H J K L < > B N M H " command option 13. Homework O 3 34 Following are data for BioBeans and GreenKale, which sell organic produce and are of simu Blodeans Green Average total assets $227,500 $174,000 Net sales Net incone 0,600 11,375 Required a. Compute the profit margin for both companies 1b. Compute the return on total assets for both companies 2. Based on analysis of these two measures, which company is the preferred investment? Complete this question by entering your answers in the tabs below. Required 3 Compute the profit margin for both companies 3 " =3 $ 4 " 55 " Choose Denominat Prev Next MacBook Air A 6 10 87 . " -C 8 9 0 W E R T Y U 1 S D X H mmand F GH J < B N M K L V- H F command 13 Homework 3 Following are data for BioBeans and GreenKale, which set organic produce and are of similar s Average total assets Net sales Beans GreenKate $227,500 $174,00 115,000 34 Net income 11,375 2,800 Required: 1a. Compute the profit margin for both companies tb. Compute the return on total assets for both companies 2. Based on analysis of these two measures, which company is the preferred investment? Complete this question by entering your answers in the tabs below. RIA Compute the retum on total assets for both companies Cheese Numerator M $ 3 4 55 < Prev Next MacBook Air ^ 6 & 47 99 W E R T Y U S D FL . 00 8 ' 9 1 -O GH J K L x C V < B N M H H nmand comm Ch 12 Homework 3 334 Following are data for BioBeans and GreenKale, which sell organic produce and are of simlar size Average total assets Net sales Net Incone 11,375 2,000 Required 1a. Compute the profit margin for both companies tb. Compute the return on total assets for both companies 2. Based on analysis of these two measures, which company is the preferred investmen Complete this question by entering your answers in the tabs below. A Based on any of these tw measures, which company is the preferred investment? . 2 > W Q Prev Ned MacBook Air 8 .00 am 3 $ % 4 210 5 A 9: & 47 E R T Y U S D x H command " - " 19 18 c F F G H J K L > < B N M command