Sed Help The following information applies to the questions displayed below! Simon Company's year-end balance sheets follow Current YE 1 Ye 0 2 Yes No AL December 31 Assets Cash Accounts receivable, not Merchandise inventory Prepaid expenses Plant assete. net Total ante Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, 510 par value Retained earnings Total liabilities and equity S 29.420 86, 131 105,044 9, 666 273,427 $503, 688 $ 34,737 5 36.900 59,574 47, 764 79,526 51,382 9, 110 3,900 251, 259 225,546 $ 434,214 $365,500 5124, 164 5 71.915 $ 48,246 91,853 162,500 125,171 5503,680 97,872 50,776 162,500 162,500 101.927 73,976 $ 434,214 $ 365,500 The company's income statements for the Current Year and 1 Year Ago follow. Sales Cost of goods Hold other operating expenses Interest expense Incone tax expand Total costs and expenses Net income Earning per we Curent Yt S654,794 $399, 624 202.986 11.131 8.512 622.053 $ 32,741 1 TE Ago 5516,715 5335, 365 130, 729 11,684 7.751 486,229 5 30.406 $1.00 5 2.01 to search II Required information (3-a) Times Interest earned. (3-6) 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. Required 3A Required 38 Times interest earned. es Times Interest Earned Choose Numerator Choose Denominator: Times Interest Emned Times interest med times Current Year: 1 Year Ago: Times Ruda Required 38 > e to search O DI ED For both the Current Year and 1 Year Ago, compute the following ratios: Exercise 13-9 Part 3 3 (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. 1 Required 3A Required 3B es Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Times interesteanod O o DI C ere to search