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Exercise 13.9 (Algo) Part 1 [Alternate Version] (1) Compute debt and equity ratio for the current year and one year ago. (2-b) Based on debt-to-equity

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Exercise 13.9 (Algo) Part 1 [Alternate Version] (1) Compute debt and equity ratio for the current year and one year ago. (2-b) Based on debt-to-equity ratio, does the company hove more or less debt in the current year versus one yeor ogo? Complete this question by entering your answers in the tabs below. Compute debt-to-equity ratio for the current year and one year ago. Simon Company's year-end balance sheets follow. The company's income statements for the current year and one year ago, follow. 3-a) Compute times interest eamed for the current year and one year ago. 3-b) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering vour answers in the tabs below. Compute times interest eamed for the current year and one year ago

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