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Use the following information...

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Accounting

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Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: Exercise 13-9 (Algo) Analyzing risk and capital structure LO P3 The company's income statements for the current year and one year ago, follow. Compute debt and equity ratio for the current year and one year ago. Compute debt-to-equity ratio for the current year and one year ago. Complete this question by entering your answers in the tabs below. Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? Compute times interest earned for the current year and one year ago. 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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