Simon Company's year-end balance sheets follow At December 31 Assets Cash Accounts receivable, net Merchandise inventory...

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Simon Company's year-end balance sheets follow At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity $ 590,920 Accounts payable $ 148,610 Current Year 1 Year Ago 2 Years Ago $ 33,818 100,037 129,589 11,340 316,136 $ 41,568 69,178 94,242 10,591 293,835 $ 509,414 $ 41,602 54,904 60,281 4,811 267,202 $428,800 $ 56,602 Long-term notes payable Common stock, $10 par value 107,760 162,500 $ 86,091 114,822 91,922 162,500 162,500 Retained earnings 172,050 146,001 117,776 Total liabilities and equity $ 590,920 $ 509,414 $428,800 The company's income statements for the current year and one year ago, follow For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Current Year $ 468,600 238,141 13,059 9,987 1 Year Ago $ 768,196 $ 606,203 $ 394,032 153,369 13,943 9,093 Total costs and expenses Net income Earnings per share 729,787 $ 38,409 $ 2.36 570,437 $ 35,766 $2.20 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? of 3 Total costs and expenses Net income Earnings per share 729,787 $ 38,409 $ 2.36 570,437 $ 35,766 $ 2.20 Book Print erences (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. Required 3A Required 38 Compute times interest earned for the current year and one year ago. Current Year: 1 Year Ago: Times Interest Earned Numerator: Denominator. Times Interest Earned Times interest earned times Required SA Required 38 > times Simon Company's year-end balance sheets follow At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity $ 590,920 Accounts payable $ 148,610 Current Year 1 Year Ago 2 Years Ago $ 33,818 100,037 129,589 11,340 316,136 $ 41,568 69,178 94,242 10,591 293,835 $ 509,414 $ 41,602 54,904 60,281 4,811 267,202 $428,800 $ 56,602 Long-term notes payable Common stock, $10 par value 107,760 162,500 $ 86,091 114,822 91,922 162,500 162,500 Retained earnings 172,050 146,001 117,776 Total liabilities and equity $ 590,920 $ 509,414 $428,800 The company's income statements for the current year and one year ago, follow For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Current Year $ 468,600 238,141 13,059 9,987 1 Year Ago $ 768,196 $ 606,203 $ 394,032 153,369 13,943 9,093 Total costs and expenses Net income Earnings per share 729,787 $ 38,409 $ 2.36 570,437 $ 35,766 $2.20 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? of 3 Total costs and expenses Net income Earnings per share 729,787 $ 38,409 $ 2.36 570,437 $ 35,766 $ 2.20 Book Print erences (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. Required 3A Required 38 Compute times interest earned for the current year and one year ago. Current Year: 1 Year Ago: Times Interest Earned Numerator: Denominator. Times Interest Earned Times interest earned times Required SA Required 38 > times