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Required Information [The following information applies to the questions displayed below.] Simon...

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Accounting

Required Information
[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.
(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. Fill out debt-to-equity ratio form. Numerator answer choices (accounts receivable, cost of goods sold, current assets, current liabilities, net sales, total assets, total equity). Denominator choices (accounts receivable net, cost of goods sold, current assets, current liabilities, net sales, total assets, total equity).
ALSO FIND Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago?
Based on debt-to-equity ratio, the company has (less/more) debt in the current year versus one year ago.
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