q.12

Required information [The following information 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. 3-a) Compute times interest earned for the current year and one year ago. 3-b) Bosed 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. Compute times interest earned for the current year and one year ago. Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago