Refer to the Simon Company information in Exercises 13-6 and 13-8.

Simon Company's year-end balance sheets follow. Express the balance sheets in common-size percents. Round amounts to the nearest one-tenth of a percent. Analyze and comment on the results.

Compare the company's long-term risk and capital structure positions at the end of 2016 and 2015 by computing these ratios:
(1) Debt and equity ratios-percent rounded to one decimal,
(2) Debt-to-equity ratio-rounded to two decimals, and
(3) Times interest earned-rounded to one decimal. Comment on these ratio results?

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2016 2015 2014 Assets .31,800 $ 35,625 37,800 89,500 62,500 50,200 82,500 54,000 5,000 . 278,500 255,000 230,500 . $523,000 $445,000 $377,500 Accounts receivable, net Merchandise inventory . 112,500 10,700 9.375 Total assets. Liabilities and Equity Long-term notes payable secured by .$129,900 $ 75,250 $51,250 mortgages on plant assets .. Common stock, $10 par value 98,500 01,500 83,500 . 163,500 163,500 163,500 79,250 . $523,000 $445,000 $377,500 . 131,100 104.750 Total liabilities and equity....