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Compute times interest earned for the current Year and one year ago. Required information [The following information applies to the questions displayed below] Simon Company's

Compute times interest earned for the current Year and one year ago.

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Required information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. At December 31 Current Year 1 Year Ago 2 Years Ago Assets Cash $ 27, 681 $ 32 , 356 $ 31, 728 Accounts receivable, net 81, 815 56, 623 43, 177 Merchandise inventory 99, 871 75, 564 46, 917 Prepaid expenses 8, 649 8 , 241 3, 562 Plant assets, net 246, 500 227, 661 205, 016 Total assets $ 464, 516 $ 400, 445 $ 330, 400 Liabilities and Equity Accounts payable $ 116, 821 $ 69, 029 $ 43, 177 Long-term notes payable 84, 709 92 , 102 73 , 018 Common stock, $10 par value 162, 500 1 62, 500 162, 500 Retained earnings 100, 486 76, 814 51, 705 Total liabilities and equity $ 464, 516 5 400, 445 5 330, 400 The company's income statements for the current year and one year ago, follow. For Year Ended December 31 Current Year 1 Year Ago Sales $ 603, 871 5 476, 530 Cost of goods sold $ 368, 362 9 309 , 745 Other operating expenses 187, 200 120, 562 Interest expense 10, 266 10, 960 Income tax expense 7, 850 7, 148 Total costs and expenses 573, 677 449, 415 Net income $ 30, 194 $ 28 , 115 Earnings per share $ 2. 86 $ 1. 73 For both the current year and one year ago, compute the following ratios

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