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Required information Exercise 13-10(Algo) Analyzing risk and capital structure LO P3[Alternate Version] ...

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Accounting

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.
Exercise 13-10(Algo) Part 1[Alternate Version]
(1) Compute debt and equity ratio for the current year and one year ago.
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