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Requlred Informatlon [ The following information applies to the questions displayed below. ] Simon Company's year - end balance sheets follow. The companys income statements

Requlred Informatlon
[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.
(1) Compute debt and equity ratio for the current year and one year ago.
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