Simon Company's year$-$end balance sheets follow.

$\backslash$begin$\{$tabular$\}\{$lrrr$\}$

$\backslash$hline At December $31$ & Current Year & $1$ Year Ago & $2$ Years Ago $\backslash \backslash$

$\backslash$hline Assets & & & $\backslash \backslash$

Cash & $\backslash (\backslash$$ $30,200\backslash )$ & $\backslash (\backslash$$ $36,250\backslash )$ & $\backslash (\backslash$$ $37,200\backslash )\backslash \backslash$

Accounts receivable, net & $87,700$ & $63,000$ & $50,000\backslash \backslash$

Merchandise inventory & $110,500$ & $80,600$ & $54,500\backslash \backslash$

Prepaid expenses & $10,500$ & $9,350$ & $4,700\backslash \backslash$

Plant assets, net & $280,000$ & $254,500$ & $227,000\backslash \backslash$

$\backslash$hline Total assets & $\backslash (\backslash$$ $518,900\backslash )$ & $\backslash (\backslash$$ $443,700\backslash )$ & $\backslash (\backslash$$ $373,400\backslash )\backslash \backslash$

$\backslash$hline Liabilities and Equity & & & $\backslash \backslash$

Accounts payable & $\backslash (\backslash$$ $128,400\backslash )$ & $\backslash (\backslash$$ $73,500\backslash )$ & $\backslash (\backslash$$ $50,400\backslash )\backslash \backslash$

Long$-$term notes payable & $98,000$ & $101,250$ & $80,600\backslash \backslash$

Common stock, $\backslash (\backslash$$ $10\backslash )\backslash \backslash$

Retained earnings & $162,500$ & $162,500$ & $162,500\backslash \backslash$

Total liabilities and equity & $130,000$ & $106,450$ & $79,900\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

The company's income statements for the Current Year and $1$ Year Ago, follow.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline For Year Ended December $31$ & $\backslash$multicolumn$\{2\}\{|$c$|\}\{$Current Year$\}$ & $\backslash$multicolumn$\{2\}\{|$c$|\}\{1$ Year Ago$\}\backslash \backslash$

$\backslash$hline Sales & & $\backslash$$ $715,000$ & & $\backslash$$ $560,000\backslash \backslash$

$\backslash$hline Cost of goods sold & $\backslash$$$443,300$ & & $\backslash$$ $347,200$ & $\backslash \backslash$

$\backslash$hline Other operating expenses & $221,650$ & & $134,400$ & $\backslash \backslash$

$\backslash$hline Interest expense & $11,700$ & & $12,900$ & $\backslash \backslash$

$\backslash$hline Income tax expense & $9,400$ & & $8,575$ & $\backslash \backslash$

$\backslash$hline Total costs and expenses & & $686,050$ & & $503,075\backslash \backslash$

$\backslash$hline Net income & & $\backslash$$ $28,950$ & & $\backslash$$ $56,925\backslash \backslash$

$\backslash$hline Earnings per share & & $\backslash$$$1\mathrm{.}78$ & & $\backslash$$ $3\mathrm{.}50\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

Requirements:

Compute the following ratios:

$\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|$l$|$l$|\}$

$\backslash$hline & & & $\backslash$begin$\{$tabular$\}\{$l$\}$

Is the current$-$year $\backslash \backslash$

ratio better or worse $\backslash \backslash$

than last year?

$\backslash$end$\{$tabular$\}\backslash \backslash$

$\backslash$hline $1$ & Ratio & Current Year & $1$ Year Ago

$\backslash$end$\{$tabular$\}$

Current Ratio

Acid Test Ratio

Return on Assets

Asset Turnover

Accounts Receivable Turnover

Inventory Turnover

Debt Ratio

Equity Ratio

Debt to Equity Ratio

Profit Margin Ratio