Finance Topic

Required information Exercise 13-10 (Algo) Analyzing risk and capital structure LO P3 [Alternate Version] 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. The company's income statements for the current year and one year ago, follow. Exercise 13-10 (Algo) Part 1 [Alternate Version] (1) Compute debt and equity ratio for the current year and one year ago. Exercise 13-10 (Algo) Part 1 [Alternate Version] (1) Compute debt and equity ratio for the current year and one year ago. (3.b) Based on times interest eamed, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute times interest earned for the current year and one year ago. Required information 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. Exercise 13-7 (Algo) Analyzing liquidity LO P3 (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-a) Compute the acid test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three-year period? Complete this question by entering your answers in the tabs below. Compute the acid-test ratio for each of the three years