3 Required Information Exercise 13-9 (Algo) Analyzing risk and capital structure LO P3 [Alternate Version] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, not Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Income tax expense Total costs and expenses Not Income Earnings per share Required 34 Current Year: 1 Year Ago: Current Year $ 26,213 74,498 91,812 8,114 230,710 $ 431,347 $ 104,183 82,715 162,500 81,049 $ 431,347 Required 38 The company's Income statements for the current year and one year ago, follow. 1 Year Ago For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Current Year Numerator: $ 342,058 173,833 1 Year Ago $ 29,748 50,497 68,105 9,533 7,290 8,043 215,458 $ 371,851 $ 64,100 88,002 162,500 57,159 $ 371,851 Complete this question by entering your answers in the tabs below. $ 560,751 Compute times interest earned for the current year and one year ago. Timer Interact Earned 532,714 $ 28,037 $ 1.73 Exercise 13-9 (Algo) Part 3 [Alternate Version] (3-a) Compute times Interest earned for the current year and one year ago. (3-b) Based on times Interest eamed, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? 1 2 Years Ago $ 38,365 42,156 43,553 3,513 196,613 $ 316,209 in 1 $41,321 69,181 162,500 43,108 $ 316,200 ET 111,953 10,178 6,639 $ 442,503 416,306 $ 26,107 $1.61 Sanded on Denominator. M Timec Interact Earned = Times interest earood = Umes Emos

Exercise 13-9 (Algo) Analyzing rtsk and capltai structure LO P3 [Arternate Version] The following informotion sppiles to the questions dtapiajed below] Simon Company's yearend balance sheets follow. The company's income atatements for the current year and one year ogo, follow. Exercise 13-9 (Algo) Part 3 [Alternate Verslon] (3-a) Compute times interest esrned for the current year and one year aga. (3-b) Bosed on tmes interest eamed, is the compsny more or iess isky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute times intereat eamed for the current vear and one yesr apo