Required information (The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net $ 28,233 81,826 102,881 9,370 265, 973 $488,283 $ 33,675 $ 35,067 57,752 46,303 77,873 48,345 8,840 3,821 242,794 210,364 $ 420,934 $ 343,900 Total assets $122,798 $ 72,561 $ 45,849 Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 89,961 162,500 113,024 $488, 283 95, 847 162,500 90,026 76,002 162,500 59,549 $ 420,934 $ 343,900 The company's income statements for the Current Year and 1 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 Current Yr $634, 768 $387,208 196,778 10,791 8,252 603,029 $ 31,739 1 Yr Ago $ 500,911 $325,592 126,730 11,521 7,514 471,357 $ 29,554 Net income $ 1.95 $ 1.82 Earnings per share For both the current Year and 1 Year Ago, compute the following ratios: Total costs and expenses 603, 029 471,357 $ 29,554 Net income $ 31,739 $ $ 1.95 1.82 Earnings per share For both the Current Year and 1 Year Ago compute the following ratios: (3-a) Times interest earned. (3-6) 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 Times interest earned Times Interest Eamed Choose Numerator: 1 Choose Denominator Income before interest and income tax interest expense 1 Times Interest Earned Times interest earned O times Current Year: O times 1 1 Year Ago: Sound Required 38 > Total COSTS and PCR Net income $ 31,739 29,554 1.95 $ 1.82 Earnings per share For both the Current Year and 1 Year Ago, compute the following ratios: (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? 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? Times interest earned less risky Required 3A Anquire