Required information Exercise 17-10 (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, (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 marpin ratio for the current year and one year ago. (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. Did profit margin improve or worsen in the Current Year versus 1 Year Ago? For Doth the Current Year and 1 rear Ago, compute the roliowing ratios: Exercise 17-10 (Static) Part 2 [Alternate Version] (2) Compute total asset turnover for the current year and one year ago. (3-o) Compute retum on total assets for the current year and one year ago. (3-b) Based on retum on total assets, did Simon's operating efficiency improve or worsen in the Current Year verstis 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 ap. (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 Age Complete this question by entering your answers in the tabs below. Based on return on total assets, did Simon's operating effidency improve or worsen in the Current Year versus 1 Year Ago