Required Information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago $ 24,946 72, 301 90,904 8,115 230815 $427,081 $ 28,865 $31,627 49,998 42,169 69,474 45,813 7,732 3,375 212,104 193,316 $ 368,173 $ 316, 300 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $104,216 $ 63,466 $ 42,587 78,685 162,500 81,680 $427,081 86,373 71,999 162,500 162,500 55,834 39,214 S 368,173 $ 316,300 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 Net income Current Yr $ 555, 205 $ 338,675 172,114 9.438 7,218 527,445 $ 27,760 1.71 1 Ye Ago $ 438.126 $ 284,782 110,846 10,077 6,572 412,272 25,849 1.59 Earnings per share Debt-To-Equity Ratio Choose Numerator: Choose Denominator: Current Year: = Debt-To-Equity Ratio Debt-to-equity ratio 0 to 1 Oto 1 1 1 Year Ago: 1 13-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: Choose Denominatori 1 Times Interest Earned Times interest canned mos Current Year: 1 Year Ago: Umos Required 38 >