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Refer to the Simon company information in exercise 17-7 and 17-9. Compare the companys long-term...

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Accounting

Refer to the Simon company information in exercise 17-7 and 17-9. Compare the companys long-term risk and capital structure positions at the end of 2014 and 2013 by computing these ratios: (1) debt and equity ratios- percent rounded to one decimal, (2) debt-to equity ratio- rounded to two decimals, and (3) times interest earned- rounded to one decimal. Comment on these ratio results.

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