Required Information Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$ A

Required $2$ B

Required $3$ A

Required $3$ B

Compute debt and equity ratio for the current year and one year ago. Complete this question by entering your answers in the tabs below.

Required $2$ A

Required $2B$

Required $3$ A

Required $3$ B

Compute debt$-$to$-$equity ratio for the current year and one year ago. Complete this question by entering your answers in the tabs below.

Required $2$ A

Required $2B$

Required $3A$

Based on debt$-$to$-$equity ratio, does the company have more or less debt in the current year versus one year ago?

Based on debt$-$to$-$equity ratio, the company has

debt in the current year versus one year ago.Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$ A

Required $2$ B

Required $3$A

Required $3$ B

Compute times interest earned for the current year and one year ago.

Use the following Information for the Exercises below. $($Algo$)$

$[$The following information applles to the questions displayed below.$]$

Simon Company's year$-$end balance sheets follow.

For both the current year and one year ago, compute the following ratios:

Exercise $17-9($Algo$)$ Analyzing risk and capital structure LO P$3$

The company's income statements for the current year and one year ago, follow.

$(1)$ Debt and equity ratios.

$(2-$a$)$ Compute debt$-$to$-$equilty ratlo 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 year ago?

$(3-$a$)$ 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?