Refiat to the Simon Company information in Exercises 17-6 and 17-8. For both the current year and one Exercise 17.9 yaar a50, compute the following ratios: (1) debt ratio and equity ratio-percent rounded to one decimal, Anayzing risk and capial (2) debt-to-cquity ratio-rounded to two decimals; based on debt-to-equity ratio, does the company structure the mare or less debt in the current year versus one year ago? and (3) times interest earned-rounded P3 w one decimal. Based on times interest earned, is the company more or less risky for creditors in the githent year versus one year ago? Gowner t? Andpin of Fitsocial Sentemberts keft 10 Simon Coenpany's balance sheets in Eicercise 17.5. (1) Compule the current ratio for each of the Fixereise 17.7 ratho for each of the three years. Did the acid-test natio improve of woinen aver the three-year period? p3 kowal raios io two docimals. Befer wo the Simbon Company informarion in Excrcise 17-6. The company's income starcments for the cur- Exercise 17-3 rert year and one yeat ago Gollow. Assume that all sales are oo credin and then coenpete ( 1 ) days" sales Arubyring and interperting inwleawd. (2) accounts receivable tumover, (3) imventory tarmover, asd (4) days' sales in ieventory. For legidify each ratia, drtermine if it improved or worsened in the current yeac flowsd to one decimal. P3 Refer bo the Simon Company information in Exercises 17-6 and 17-8. For both the current year and one Exereise 17-9 year ago compote the following rabios: (1) debe ratio and cequity ratio-percent roended to one decimal, Anslyang rak and caotal (2) dobl-to-equity ratio-rounded to two decimals, based on debl-to-tquity ratio, does the company sterture hne more or less debt is the current year versus one year ago? and (3) times interest earmed-roonded P3 to one decimal. Based on times interest earbed, is the company mote or less risky for creditors in the current year versus one year ago