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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

image text in transcribed 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. For both the Current Year and 1 Year Ago, compute the following ratios: (1) Debt and equity ratios

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