1 Required information Exercise 13-11 (Algo) Analyzing efficiency and profitability LO P3 [Alternate Version] [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. The company's income statements for the Current Year and 1 Year Ago, follow. For both the Curtent Year and I Year Ago, compute the following ratios: Exercise 13-11 (Algo) Part 1 [Alternate Version] (1-a) Compute profit margin ratio for the current year and one year ago. (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. Common stock, 310 par value Retained earnings Total liabilities and equity The company's income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios: Exercise 13-11 (Algo) Part 1 [Alternate Version] (1-a) Compute profit margin ratio for the current yeat and one year ago (1-b) Did profit margin improve or worsen in the Current Year versus i Year Ago? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Compute profit margin ratio for the current year and one year ago. The company's income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios: Exercise 13-11 (Algo) Part 1 [Alternate Version] (1-a) Compute profit margin tatio for the current year and one year ago. (hb) Did profit margin improve or worsen in the Current Year versus IY Year Ago? Complete this question by entering your answers in the tabs below. Required is Aequired is Did profit margin improve or worsen in the Current Year versus 1 Year Ago