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[The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow....

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Accounting

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[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. For both the Current Year and 1 Yesr Ago, compute the following ratios Tor woun whe curfent Year and 1 Year Ago, compute the folowing ratios: (2) Compute total asset turnover for the current ywar and one year ago For both the Current Year and 1 Year Ago, compute the following ratios: (3-a) Compute recum on total assets for the current year and one year ago. (3-b) Based on return on total assets, did Simon's operating efficiency improwe or worsen in the Current Year versus 1 Year Ago? Complete this qunstion by catering your answers in the tabs below. Compute return on total assets for the current year and one year ago. For both the Cuerenit Year and 1 Yoar Ago, compuze the following ratios: (3-a) Campute feturn on total assets for the cument year and one year ago. (3.b) Based on retaen on total assets, did Simocts oberating ethclency mprove or worsen in the Current Year versus 1 Year Ago? Complete this opaestinn by entering paser answerw in the tabs below

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