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need help with required 3A and 3B Exercise 13-9 Analyzing risk and capital structure LO P3 [The following information applies to the questions displayed below.)

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Exercise 13-9 Analyzing risk and capital structure LO P3 [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses plant assets, net $ 25,825 72,648 94,109 8,154 228,398 $429,134 $ 29,595 $ 29,994 51,792 41,516 70,493 45,103 7,613 3,391 210,450 191, 486 $ 369,943 $ 311,400 $104,717 $ 64,396 $ 41,927 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 83,098 162,500 78,819 $429,134 83,385 69,508 162,500 162,500 59,662 37,465 $ 369,943 $ 311, 400 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net Income Current Yr $557,874 $340, 303 172,941 9,484 7,252 529, 980 $ 27,894 1 Yr Ago $ 449,232 $286,151 111,379 10,125 6,603 414,258 $ 25,974 Earnings per share $ 1.72 $ 1.60 For both the Current Year and 1 Year Ago, compute the following ratios: Exercise 13-9 Part 3 (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? (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 below. Required 3A Required 3B Times interest earned. Times Interest Earned Choose Numerator: | Choose Denominator: Times Interest Eamed Times Interest eamed Current Year 1 Year Ago: times times Exercise 13-9 Part 3 (3-) 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 below. Required 3A Required 38 Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Times interest earned

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