Seved

$()$

Required information

Use the following informatlon for the Exercises below. $($Algo$)$

$[$The following informotion opplies to the questions disployed below.$]$

Simon Compony's yeor$-$end bolonce sheets follow.

For both the current year and one yeor ago, compute the following rotios:

Exercise $17-10($Algo$)$ Analyzing efficlency and profitability LO P$3$

The compony's income stotements for the current year and $1$ yeor ago, follow.

$\backslash$table$[[$For Year Ended December $31,$Curr:,Year,$1Yg,$Ago$],[,,$$$639,926,,7504,931],[$Cost of goods sold,$390,355,,328,238,],[$Other operating expenses,$198,377,,127,760,],[$Interest expense,$10,879,,11,615,],[$Income tax expense,$8,319,,7,575,],[$fotal costs and expenses,,$607,930,,475,188],[$Net incore,,$$31,996,,$$$29,793$