Here is the information for the question, the attached file includes the formate for the answers needed.
Simon Company’s year-end balance sheets follow.
At December 31 2015 2014 2013
Assets
Cash $ 30,311 $ 34,729 $ 35,102
Accounts receivable, net 86,111 59,549 48,713
Merchandise inventory 108,269 82,745 50,348
Prepaid expenses 9,761 9,301 4,059
Plant assets, net 274,210 252,178 223,578
Total assets $ 508,662 $ 438,502 $ 361,800
Liabilities and Equity
Accounts payable $ 122,857 $ 71,884 $ 48,713
Long-term notes payable secured by
mortgages on plant assets 92,760 100,855 78,359
Common stock, $10 par value 162,500 162,500 162,500
Retained earnings 130,545 103,263 72,228
Total liabilities and equity $ 508,662 $ 438,502 $ 361,800
The company’s income statements for the years ended December 31, 2015 and 2014, follow.
For Year Ended December 31 2015 2014
Sales $ 661,261 $ 521,817
Cost of goods sold $ 403,369 $ 339,181
Other operating expenses 204,991 132,020
Interest expense 11,241 12,002
Income taxes 8,596 7,827
Total costs and expenses 628,197 491,030
Net income $ 33,064 $ 30,787
Earnings per share $ 2.03 $ 1.89
Calculate the company’s long-term risk and capital structure positions at the end of 2015 and 2014 by computing the following ratios.
Here is the information for the question, the attached file includes the formate for the answers needed.Simon Company’s year-end balance sheets follow. At December 31 &...