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 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 $ 25, 151 73,618 92,560 8,260 222,482 $ 422,071 $ 28,235 $30, 631 52,468 40,432 69,332 44,374 7,794 3,437 206,025 190,526 $363,854 $ 309, 400 $105,096 $ 61,491 $ 40,432 79,349 162,500 75, 126 $422,071 81,176 69, 745 162,500 162,500 58,687 36,723 $ 363,854 $ 309,400 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 $548, 692 $334, 702 170,095 9,328 7,133 521 258 $ 27, 434 1 Yr Ago $ 432, 986 $281, 441 109,545 9,959 6,495 407,440 $ 25,546 $ 1.57 Earnings per share $ 1.69 For both the Current Year and 1 Year Ago, compute the following ratios: OLAR ------ Earnings per share $ 1.69 $ 1.57 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 3B Times interest earned. Times Interest Earned Choose Numerator: Choose Denominator: 11 1 Times Interest Earned Times interest earned times / Current Year: 1 Year Ago: times Required 38 > (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 interesteamed