Required information Exercise 13-9 (Static) 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. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Age 2 Years Ago $31,800 89,500 $ 35,625 112,500 10,700 278,500 $ 523,000 62,500 82,500 9,375 255,000 $445,000 $ 37,000 58,200 54,000 5,000 230,500 $377,508 $75,250 $51,250 101,500 3,500 163,500 131,100 163,500 163,500 104,750 79,250 $ 523,000 $445,000 $377,500 $ 129,900 98,500 The company's income statements for the current year and one year ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income. Earnings per share Current Year $673,500 $ 411,225 209,550 12,100) 9,525 642,400 $31,100 $ 1.90 1 Year Ago $ 345,500 134,980 13,300 8,845 $532,000 582,625 $ 29,375 $1.80 Required 3A Required 38 Compute times interest earned for the current year and one year ago. Current Year: 1 1 Year Ago: Numaralar Tseret Earned Denma T Required 38) Tare (3-a) Compute times interest earned for the current year and one year ago. (3-b) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 3A Required 38 Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? for creditors in the current year versus one year ago Based on times interest earned, the company is (3-a) Compute times interest earned for the current year and one year ago. (3-b) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 3A Required 38 Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? for creditors in the current year versus one year ago Based on times interest earned, the company is