Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets 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 eamed, 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 debt and equity ratio for the current year and one year ago. Compute debt-to-equity ratio for the current year and one year ago. (2-a) Compute debt-to-equity ratio for the current yeat 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 enterring your answers in the tabs below. Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? 2-a) Compute debtito-equity ratio for the current year and one year ago. 2-b) Based on debt-to-equify 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 crecitors in the Current Year versus 1 Year Aga? Complete this question by entering your answers in the tabs below. Compute times interest nathed for the current year a pad one year ago. (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? (3-6) Times interest earned (3-b) Based on times interest eamed, ts 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 ths below. Based on times interent eamed, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] Simon Company's year-end balance sheets 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. 2-b) 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-o) 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 debt and equity ratio for the current year and one year ago. 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 debt-to-equity ratio for the current year and one year ago. 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 eamed (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. Based on debt-to equity ratio, does the company have more or less debt in the current year versus one year ago? D) Debt and equity ratios. 2-a) Compute debt-to-equity ratio for the cutrent year and one year ago. 2-b) Based on debt-40-equity ratio, does the company have more or less debt in the current year versins one year ago? 3-a) Timesinterest eaned 3-b) Based on times interest earned, is the company more of 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 sarmed for the current year and one yeat ago. (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 interesteamed (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. Bamed on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago
