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Simon Company's year-end balance sheets foliow. For both the current year and one year ago,...

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Accounting

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Simon Company's year-end balance sheets foliow. For both the current year and one year ago, compule the following ratios: The companys income statements for the current year and one yeat ago, follow. (1) Debt and equity ratios (2-o) 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 wersus one year ago? (3-a) Times interest earned. (3-b) Based on times interest earned, is the company more or less risky for cieditors in the Cuitent Vear versus 1 Vear Ago? (1) Debt and equity ratios. (2-0) 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? (3-0) Times interest earned. (3-b) Based on times interest earned, is the company more or less nsky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute debt and equity ratio for the current year and one year ago

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