Required information Exercise 13-10 (Static) 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. tor doth the Lurrent year and 1 rear Ago, compute the tollowing ratios: Exercise 1310 (Static) Part 1 [Alternate Version] (1-a) 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 ratio for the current year and one year ago. (1-a) 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 Agc 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? Exercise 1310 (Static) Part 2 [Alternate Version] (2) Compute total asset turnover for the current year and one year ago. (3-a) Compute return on total assets for the current year and one year ago. (3-b) Based on return on total assets, did Simon's operating effliciency improve or worsen in the Current Year versus 1 Year Ago? 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) Compute return on total assets for the current year and one year ago. (3-b) Based on return on total assets, did Simon's operating efficiency improve or worsen in the Current Year versus 1 Year Ago? 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