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answer the following questions with excercise 17-6 currebt yeaf versus one ytar ago? Debt Retio Current 1 Yeareno EQuity Ratio Dibt to EQuity Retio times

answer the following questions with excercise 17-6 image text in transcribed
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currebt yeaf versus one ytar ago? Debt Retio Current 1 Yeareno EQuity Ratio Dibt to EQuity Retio times Interest Earmed Does tite Company have mare or less bebt bescal on the Debit to EQonty Rentio In the current year than it bid one Yene Aco? Based on times Interst Earned, Is the company more of Less Risky to creditos in rite curent yeun then it was one year ago? Simon Company's year-end balance theets folfow. (1) Express the balance sheets in common-sire per. cents. Round persents to one decimal. (2) A suming annual sales have not chanjed in the liat three yeift. is the change in accounts receivatle Af i percentage of total assets faworable or unfervorable? (3) is the change in merchandise inventory as a pereentage of total assets fivorable or unfunatible? Question 2 unfavorable Question 3 Undworable

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