3 0 Part 2 of 3 Required information Exercise 13-9 Analyzing risk and capital structure LO P3 [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. 125 points Current Yr 1 yr ago 2 Yrs Ago eBook At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-tern notes payable secured by mortgages on plant assets Common stock, 510 par value Retained earnings Total liabilities and equity $ 27,478 82,028 99,129 8,672 248,417 5465,724 $ 32,440 $ 33, 461 55,084 45,065 75,760 47,994 8,600 3,831 229,602 211,049 $ 401,486 5 341,400 Hint $113,646 $ 66,494 $ 44,164 Print 87,556 162,500 102,022 $465,724 95,112 74,695 162,500 162,500 77,380 60,041 $ 401, 486 5 341,400 References The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net Income Earnings per share Current Yr $ 605, 441 $369,319 187,687 10,292 7,871 575, 169 $ 30,272 $ 1.86 1 yr ago $ 477,768 $310,549 120,875 10,989 2,162 449,580 $ 28,188 $ 1.73 For both the Current Year and 1 Year Ago, compute the following ratios: Hint Exercise 13-9 Part 2 Print (2) Debt-to-equity ratio. References Debt To Equity Ratio Choose Numerator: Choose Denominator: Debt To-Equity Ratio Debt-to-equity ratio Oto 1 Current Year: 1 Year Ago: 1 1 Oto 1