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Required information [ The following informetion spplies to the queations displayed below. ] Siman Compony's yesrend bo ance sheets follow. For both the current yesr
Required information
The following informetion spplies to the queations displayed below.
Siman Compony's yesrend bo ance sheets follow.
For both the current yesr snd one year sgo, compute the following ratio:
The compony's income stetements for the current year and ane year ogo, follow.
Debt snd equty retios.
a Compute debttoequ'ty retio for the curent year snd one yesr sgo.
b Esest on deat to equity ratio, does the compony hove more ar less debt in the current yesr versus ane year ogo?
s Times interest esined.
b Besed on tmes: interest esmed, is the compsny more ar less riaky for creditars in the Cument Yesr versus Year Ago?
Complete this question by entering your answers in the tabs below.
Compute debt and equty ratio for the current year and one vear aqo.
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