1A AND 2A MUST BE ANSWERED IN TABLE FORMAT FOR THUMBS UP!!

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. For both the current year and one year ago, compute the following ratios: Exercise 13-7 (Algo) Analyzing liquidity LO P3 (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? Current Ratio \begin{tabular}{|l|l|l|l|l|l|} \hline & Numerator: & / & Denominator: & = & Current Ratio \\ \hline & & / & = & Current ratio \\ \hline Current Year: & & / & = & & to 1 \\ \hline 1 Year Ago: & & / & = & & to 1 \\ \hline 2 Years Ago: & & / & / & = & to 1 \\ \hline \end{tabular}