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. 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 Ayo? (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. mpute debt and equity ratio for the current year and one year ago. ompute debt-to-equity ratio for the current year and one 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? Based on debt-to-equity ratio, the company has Complete this question by entering your answers in the tabs below. Compute times interest earned for the current year and one year ago. Complete this question by entering your answers in the tabs below. Based on times interest earned, is the company more or less rigky for creditor: Based on times interest eamed, the company is