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[The following information applles 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 information applles 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: Exerclse 17.9 (Algo) Analyzlng rlsk and capltal structure LO P3 The company's Income statements for the current year and one year ago, follow. 1) Debt and equlty ratios. 2-a) Compute debt-to-equity ratlo 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? Complete this question by entering your answers in the tabs below. 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 eamed for the current year and one year ago
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