i just need help with 1A and 2A

Required information 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. At December 31 Current Year 1 Year Ago 2 Years Ago Assets Cash $ 29,776 $ 35,516 $ 35,907 Accounts receivable, net 88,061 60,909 47,876 Merchandise inventory 109,613 82,951 50,988 Prepaid expenses 9,785 9,509 3,950 Plant assets, net 277,741 255,060 223,979 Total assets $ 514,976 $ 443,945 $ 362,700 Liabilities and Equity Accounts payable $ 128, 229 $ 72,776 $ 47,398 Long-term notes payable 99,720 100,065 82,561 common stock, $10 par value 163,500 163,500 162,500 Retained earnings 123,527 107,604 70,241 Total liabilities and equity $ 514,976 $.443,945 $362,700 For both the current year and one year ago, compute the following ratios: Exercise 17-7 (Algo) Analyzing liquidity LO P3 nces (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? Exercise 17-7 (Algo) Analyzing liquidity LO P3 (4-a) Compute the current ratio for each of the three years. (1-5) 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 1B Required 2A Required 2B Compute the current ratio for each of the three years. Current Ratio Denominator: II Current Ratio Numerator: Current ratio 11 to 1 Current Year: 1 Year Ago: 2 Years Ago: 1 to 1 to 1 Read 1 Required 18 > Exercise 17-7 (Algo) Analyzing liquidity LO P3 (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. 12-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 A Required 18 Required 2A Required 20 Compute the acid-test ratio for each of the three years. Acid est ratio Denominator: Numerator: Short-term investments = Current Year: 1 Year Ago: 2 Years Ago Acid-Test Ratio Acid-test ratio to 1 0 1 101