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q.11 Required information [The following information opplies to the questions displayed below.] Simon...

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Accounting

q.11

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Required information [The following information opplies 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. 2-a) Compute debt-to-equity 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? Complete this question by entering your answers in the tabs below. Compute debt-to-equity ratio for the current year and one year ago. Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago

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