question 6

Simon Company's year-end balance sheets follow. The company's income statements for the current year and one year ago, follow. (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 y Complete this question by entering your answers in the tabs below. Compute debt-to-equity ratio for the current year and one year ago