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[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute

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[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: - company's income statements for the current year and one year ago, follow. Jebt and equity ratios. 1) Compute debt-to-equity ratio for the current year and one year ago. 3) Based on debt-to-equity ratio, does the company have more or less debt in the rent year versus one year ago? 1) Times interest earned. )) Based on times interest earned, is the company more or less risky for creditors in 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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