Requlred Information

$[$The following information applies to the questions displayed below.$]$

Simon Company's year$-$end balance sheets follow.

The company's income statements for the current year and one year ago, follow.

$(3-$a$)$ Compute times interest earned for the current year and one year ago.

$(3-$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 earned for the current year and one year ago. Numerator choices $($accounts receivable, net cost of goods sold, current assets, current liabilities, Income before interest expense and income tax expense, interest expense, net income, net sales$).$ Denominator choices $($accounts receivable net, cost of goods sold, current assets, current liabilities, net sales, income before interest and income tax, interest expense, net sales$)$

ALSO FIND Based on times interest earned, is the company more or less risky for creditors in the Current Year versus $1$ Year Ago?

Based on times interest earned, the company is $($less risky$/$ more risky$)$ for creditors in the current year versus one year ago.