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Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago $ 30,400 87,200 112,500 10,950 280,000 $521,050 $ 36,000 $ 37,600 61,000 49,500 81,400 53,000 9,450 5, 100 254,000 235,000 $441,850 $ 380,200 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $128,800 $ 75,250 $ 51,200 98,000 161,000 133,250 $521,050 99,500 82,000 161,000 161,000 106, 100 86,000 $441,850 $ 380,200 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 Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Yr $745,000 $439,550 230,950 11,400 9,450 691,350 $ 53, 650 3.33 1 Yr Ago $ 560,000 $358,400 134,400 13,100 8,550 514,450 $ 45,550 $ 2.83 For both the Current Year and 1 Year Ago, compute the following ratios: Profit margin ratio. Profit Margin Ratio 1 Choose Denominator: Choose Numerator: Profit Margin Ratio Profit margin ratio Current Year: % = = 1 Year Ago: % Total Asset Turnover Choose Denominator: Choose Numerator: Total Asset Turnover Total asset tumover / = times Current Year: times 1 Year Ago: Return on total assets Return On Total Assets Choose Numerator: 1 Choose Denominator: Return On Total Assets Return on total assets = = % Current Year: 11 % 1 Year Ago

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