Refer to the Simon Company information in Exercises 17-6 and 17-8. Compare the company's long-term risk and

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Refer to the Simon Company information in Exercises 17-6 and 17-8. Compare the company's long-term risk and capital structure positions at the end of 2017 and 2016 by computing these ratios: (1) debt and equity ratios-percent rounded to one decimal, (2) debt-to-equity ratio-rounded to two decimals, and (3) times interest earned-rounded to one decimal. Comment on these ratio results.
Refer to the Simon Company information in Exercises 17-6 and
Capital Structure
Capital structure refers to a company’s outstanding debt and equity. The capital structure is the particular combination of debt and equity used by a finance its overall operations and growth. Capital structure maximizes the market value of a...
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Fundamental Accounting Principles

ISBN: 978-1259536359

23rd edition

Authors: John Wild, Ken Shaw, Barbara Chiappett

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