Use the rollowing intormation ror the Exercises Delow. ( Static ) [ The following information applies to
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Use the rollowing intormation ror the Exercises Delow. Static
The following information applies to the questions displayed below.
Simon Company's yearend balance sheets follow.
tableAt December Current Year, Year Ago, Years Ago,AssetsCash$$$Accounts receivable, net,Merchandise inventory,Prepaid expenses,Plant assets, net,Total assets,$$$Liabilities and Equity,,,,Accounts payable,$$$Longterm notes payable,Common stock, $ par value,Retained earnings,Total liabilities and equity,$$$
For both the current year and one year ago, compute the following ratios:
Exercise Static Analyzing risk and capital structure LO P
The company's income statements for the current year and one year ago, follow.
tableFor Year Ended December Curr,Year,AgO
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