Required information Use the following information for the Exercises below. (Algo) (The folowing informotion dpples to the questions disployod below) Simon Compony's year-end balance sheets follow. For both the current year and one your ago, compute the following ratios: Exercise 17.9 (Algo) Analyzing risk and capital structure LO P3 The company's income statements for the current yeat and one year ago, follow. For both the current year and one year ago, compute the following ratios: Exercise 17.9 (Algo) Analyzing risk and capital structure LO P3 The company's income statements for the current year and one year ago, follow. (1) Debt and equity ratios. (2-a) Compute debt-to-equity ratio for the current year and one year ago. (2-b) Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? (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. Compute times interest eamed for the current year and one vear ago. (2-a) Cempute debt-10-equify ratio for the current yoar and one year ago. (2-b) Based on debt-to-equaly ratio, does the company hawe more or less debt in the curcent year versus one year wao? (3-a) Times interest earned. (3.b) Based on times interest earned, is the company mere or less risky for creditors in the Curcent Yoar versus 1 Voar Ago? Complete this question by entering your answers in the tabs below. Compute debt and equity ratio for the current year and one year ago