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Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: xercise 17-9 (Algo) Analyzing risk and
Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: xercise 17-9 (Algo) Analyzing risk and capital structure LO P3 e 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 ago? 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? Compute debt and equity ratio for the current year and one year ago. Compute debt-to-equity ratio for the current year and one year ago. Compute times interest earned for the current year and one year ago
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