Required Information Exercise 13-10 (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. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Interest expense Income tax expense Total costs and expenses Net income Current Year Earnings per share $ 30,400 86,600 110,000 10,450 279,000 $ 516,450 $ 128,400 97,000 168,900 131,050 $ 516,450 Current Year 1 Year Ago $ 36,250 61,500 81,200 9.250 251.000 $ 439,200 $ 475,650 234,950 12,000 9,350 $ 73,750 99,580 160,000 105.950 $ 439,280 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses $ 755.000 731.058 $ 23,958 $ 1.58 2 Years Ago $ 38,000 58,500 52,88 4.900 227,000 $ 372,490 82,690 160.000 79.690 $ 3/2.498 For both the Current Year and 1 Year Ago, compute the following ratios: 4 1 Year Ago $ 390,400 140, 360 8.825 $ 610,000 552,225 $ 57.775 $ 3.61

Required Information Exercise 13-10 (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 Current Year and 1Year Ago, compute the following ratios: For both the Current Year and 1 Year Ago, compute the following ratios: Exercise 13-10 (Algo) Part 1 [Alternate Verslon] (1-o) 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. Compute profit margin rabio for the current year and one year ago