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Required information Exercise 13-9 (Algo) Analyzing risk and capital structure LO P3 [Alternate Version] [The following information applies to the questions displayed below.] Simon Company's
Required information Exercise 13-9 (Algo) Analyzing risk and capital structure LO P3 [Alternate Version] [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. Exercise 13-9 (Algo) Part 2 [Alternate Version] Exercise 13-9 (Algo) Part 2 [Alternate Version] (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 year ago? Answer is not complete. Complete this question by entering your answers in the tabs below. Compute debt-to-equity ratio for the current year and one year ago
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