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Documenti - Word Search sign Layout References Mailings Review View Help = = = 4 Aav P = DA E = 19 | AaBbct AaBbccc
Documenti - Word Search sign Layout References Mailings Review View Help = = = 4 Aav P = DA E = 19 | AaBbct AaBbccc - 1 Normal 1 No Spac... Heading 1 Heading 2 Title Styles Paragraph Simon Company's year end balance sheets follow Current X 1 & Ago 2 Xxa. Ago At December 31 Assets Caah Accounts receivable, net Merchandise inventory Prepaid expenses plant assets, net Total anneta Liabilities and Equity Accounts payable Long-term notea payable secured $ 25,283 75, 499 91,203 3,060 232,810 $432,855 $ 29,255 $ 31,096 53,286 41,876 66, 962 45, 494 7,836 3,386 215,812 192,248 $373,151 $314,100 $106,703 $ 64,324 $ 42,290 by mortgages on plant aseta Common stock, $10 par value Retained earnings Total liabilities and equity 79,749 162,500 83,903 $432,655 B7,541 70, 110 162,500 162,500 58,786 39,200 $373,151 $314,100 The company's income statements for the Current Year and 1 Year Ago follow. For Year Ended December 31 Current Sales $562, 712 Cost of goods sold 5343,254 Other operating expenses 174, 441 Interest expense 9,566 Income tax expense 7.315 Total costs and expenses 534,576 Net income $ 29,136 Earnings per ahare $ 1.73 1 Yr o $444,050 $289, 633 112,345 10.213 6.661 417,852 $ 26, 198 For both the Current Year and 1 Year Ago, compute the following ratios. (2) Debt-to-equity ratio Focus
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