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1) Compute debt and equity ratio for the current year and one year ago. Compute debt-to-equity ratio for the current year and one year ago.

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1) Compute debt and equity ratio for the current year and one year ago. Compute debt-to-equity ratio for the current year and one year ago. Compute times interest earned for the current year and one year ago. [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 one year ago, follow

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