Exercise 13-10

Analyzing efficiency and profitability LO P3

For both the current year and one year ago, compute the following ratios: Exercise 13-10 (Algo) Analyzing efficiency and profitability LO P3 The company's income statements for the current year and 1 year ago, follow. (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year vers Complete this question by entering your answers in the tabs below. Compute profit margin ratio for the current year and one year ago. (2) Total asset turnover. (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Yea Complete this question by entering your answers in the tabs below. Did profit margin improve or worsen in the Current Year versus 1 Year Ago? (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Y Complete this question by entering your answers in the tabs below. Compute total asset turnover for the current year and one year ago. (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year y Complete this question by entering your answers in the tabs below. Compute return on total assets for the current year and one year ago. (3-a) Return on total assets. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Y Complete this question by entering your answers in the tabs below. Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago