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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: Exerclse 179 (Algo) Analyzlng risk and

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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: Exerclse 179 (Algo) Analyzlng risk and capltal structure LOP3 The company's Income statements for the current year and one year ago, follow. (1) Debt and equity ratios. (2-a) Compute debt-to-equlty 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? Complete this question by entering your answers in the tabs below. Compute debt and equity ratio for the current year and one year ago

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