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Refer to the Simon Company information in Exercises 1 7 - 6 and 1 7 - 8 . For both the current year and one
Refer to the Simon Company information in Exercises and For both the current year and one
year ago, compute the following ratios: debt ratio and equity ratiopercent rounded to one decimal,
debttoequity ratiorounded to two decimals; based on debttoequity ratio, does the company
have more or less debt in the current year versus one year ago? and times interest earnedrounded
to one decimal. Based on times interest earned, is the company more or less risky for creditors in the
current year versus one year ago?
Current
Year AGO
Debt Ratio
EQuity Ratio
Debt to EQvity Ratio
times Interest Earned
Does tite Company have mare ar less bebt based on the
Debi to EQuity Ratio In the current Year than it Did
one year AGO?
Based on times Interest Earned, Is the company more or
Less Risky to creditars in the current yeur thean it luas
one year ago?
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