13 Simon Company's year-end balance sheets follow. At December 31 2015 2014 2013 Assets Cash $ 30,322 $ 33,379 $ 35,135 Accounts receivable, net 87,029 59,015 48,252 Merchandise inventory 109,422 77,984 50,396 Prepaid expenses 9,765 9,214 3,943 Plant assets, net 262,423 250,547 217,174 Total assets $ 498,961 $ 430.139 $354,900 $ 120,514 $ 74,147 $ 47,315 Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings 91,929 162,500 124,018 100,911 80,002 162,500 162,500 92,581 65,083 Total liabilities and equity $ 498,961 $ 430,139 $354,900 Calculate the company's long-term risk and capital structure positions at the end of 2015 and 2014 by computing the following ratios. Exercise 13-9 Part 1 of 3 (1) Debt and equity ratios. ped Debt Ratio | Choose Denominator: Choose Numerator: Debt Ratio Debt ratio 2015: 2014: Equity Ratio Choose Numerator: Choose Denominator: Equity Ratio Equity ratio 2015: 2014: Next > D 21 Dy Compuu ule NOWY DWUS. Exercise 13-9 Part 2 (2)Debt-to-equity ratio. Choose Numerator: Debt-To-Equity Ratio Choose Denominator: Debt-To-Equity Ratio Debt-to-equity ratio 2015: 2014: