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Required information [The following information apples to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and one year ago, follow. 1) Debt and equity ratios. (2-a) Compute debt-to-equity ratio for the current year and one year ago. (2-b) Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? (3-0) Times interest earned. (3-b) Based on times interest carned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute debt and equity ratio for the current year and one year ago. Compute debt-to-equity ratio for the current year and one year ago. Complete this question by entering your answers in the tabs below. Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? Compute times interest earned for the current year and one year ago