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I really need help with this question! [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. For both the

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[The following information applies to the questions displayed below] 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) Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? (3-0) Times interest eamed. (3-b) Based on times interest earned, is the company more or less nisky for creditors in the Current Year versus 1 Year Ago? The company's incorme 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 vear ago. (2-b) Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? (3-0) Times interest earned: (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 your answers in the tabs befow. Compute debt and equity ratio for the current year and one year ago. (1) Required information (1) Debt and equity ratios: (2-a) Compute debt-to-equity ratio for the current year and one year ago. (2-b) Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? (3-a) Times interest earned: (3-b) Based on times interest eamed, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute debto - equity ratio for the current year and one year ago. 1) Recouited intonnation (1) Debt and equity ratios. (2-o) Compute debtio-equity ratio for the current year and one year ago (2.b) Eased on detat-1o-equay ratio, does the cornpany have more or less debt in the current year versus one year abo? (3-0) limes interest earned (3-b) Based on tmes interest carned, is the company more or less nsky for credicons in the Current Year versus 1 Year Ano? Conoplete this question by entering your anwers in the tabs below. Compote tinses interes earned for the currem rear and one ysar ago

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