Question: Use the rollowing intormation ror the Exercises Delow. ( Static ) [ The following information applies to the questions displayed below. ] Simon Company's year

 Use the rollowing intormation ror the Exercises Delow. (Static) [The following
Use the rollowing intormation ror the Exercises Delow. (Static)
[The following information applies to the questions displayed below.]
Simon Company's year-end balance sheets follow.
\table[[At December 31,Current Year,1 Year Ago,2 Years Ago,],[Assets,,,,],[Cash,$31,800,$35,625,$37,800,],[Accounts receivable, net,89,500,62,500,50,200,],[Merchandise inventory,112,500,82,500,54,000,],[Prepaid expenses,10,700,9,375,5,000,],[Plant assets, net,278,500,255,000,230,500,],[Total assets,$523,000,$445,000,$377,500,],[Liabilities and Equity,,,,],[Accounts payable,$129,900,$75,250,$51,250,],[Long-term notes payable,98,500,101,500,83,500,],[Common stock, $10 par value,163,500,163,500,163,500,],[Retained earnings,131,100,104,750,79,250,],[Total liabilities and equity,$523,000,$445,000,$377,500,]]
For both the current year and one year ago, compute the following ratios:
Exercise 13-9(Static) Analyzing risk and capital structure LO P3
The company's income statements for the current year and one year ago, follow.
\table[[For Year Ended December 31,Curr,Year,1Y,AgO
information applies to the questions displayed below.] Simon Company's year-end balance sheets

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