Refer to the Simeon Company information in Exercises 13-6 and 13-8. Compare the companys longterm risk and

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Refer to the Simeon Company information in Exercises 13-6 and 13-8. Compare the company’s longterm risk and capital structure positions at the end of 2009 and 2008 by computing these ratios:

(1) debt and equity ratios, (2) debt-to-equity ratio, and (3) times interest earned. Comment on these ratio results.

AppendixLO1

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