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Requlred Information [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 ratlos: (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratlo 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. Compute the current ratio for each of the three years. For both the current year and one year ago, compute the followng ratios: (1-a) Compute the current ratlo 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 peniod? Complete this question by entering your answers in the tabs below. Compute the current ratio for each of the three years