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Answer all parts show formulas/ calculations. Will thumbs up Simon Company's year-end balance sheets follow. The company's income statements for the current year and one

Answer all parts show formulas/ calculations. Will thumbs up
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Simon Company's year-end balance sheets follow. The company's income statements for the current year and one year ago, follow. Exercise 17-9 (Algo) Part 1 [Alternate Version] (1) Compute debt and equity ratio for the current year and one year ago. (1) Compute debt and equity ratio for the current year and one year ago. Complete this question by entering your answers in the tabs below. Compute debt-to-equity ratio for the current year and one year ago. Complete this question by entering your answers in the tabs below. Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago

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