Complete this question by entering your answers in the tabs below. Required 3A Required...
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Accounting
Complete this question by entering your answers in the tabs below.
Required 3A
Required 3B
Compute times interest earned for the current year and one year ago.
Times Interest Earned
Numerator:
/
Denominator:
=
Times Interest Earned
Income before interest expense and income tax expense
/
Interest expense
=
Times interest earned
Current Year:
/
=
0
times
1 Year Ago:
/
=
0
times
Exercise 13-9 (Statc) Analyzng risk and capital structure LOP3 [Alternate Version] [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company's income statements for the current year and one year ago, follow. Exercise 13-9 (Static) Part 3 [Alternate Version] (3-a) Compute times interest earned for the current year and one year ago. (3-b) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago
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