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(Ihe following intormation applies to the questions displayed below.) Simon Company's year-end balance sheets follow. The company's income statements for the current year and one

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(Ihe following intormation applies to the questions displayed below.) Simon Company's year-end balance sheets follow. The company's income statements for the current year and one year ago, follow. (2-o) Compute debt-to-equity ratio for the current year and one year ago. (2-b) Based on debt-to-equity, ratio, does the company fave more or less debt in the current year versus one year ago? Complete this question by entering your answers in the tabs below. Compute debt-to-equity ratio for the current year and one year ago

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