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Required information [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

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Required information [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 1 Year Ago, follow. The company's income statements for the Current Year and 1 Year Ago, follow. For both the Current Year and 1 Year Ago, compute the following ratios: 3-a) Times interest eamed. 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. Times interest earned

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