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helppp Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: The company's income statements for
helppp
Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and one year ago, follow. (1) Debt and equity ratios (2-a) Compute debt-to-equity ratio for the current year and one year ago. (2-b) Bosed on debt-to-equity ratio, does the company have more or less debt in the current year versus orie yeor ogo? (3-6) Times interest earned (3-b) Based on times interest earned, is the company more or less tisky for creditors in the Current Year versus 1 Year Ago Step by Step Solution
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