5-8 please help with correct answers

Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 27,032 $ 30,669 $ 30,998 78, 348 54, 213 41, 331 93, 679 73,071 45,823 8,620 8,376 3, 444 241,512 220,905 197,904 $449,191 $387,234 $319,500 $ 108,493 $ 66,097 $ 42,174 82, 759 89, 954 69, 903 162,500 162,500 162,500 95, 439 68,683 44,923 $ 449,191 $387,234 $319,500 The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 Sales Cost of goods sold other operating expenses Interest expense Income taxes Total costs and expenses 2017 $583, 948 $356, 208 181, 024 9,927 7,591 554, 750 2016 $ 460,808 $299, 525 116,584 10,599 6,912 433,620 M ine company income Statements of ue years en December 31, 2017 10 ZUIO, TOHOW. For Year Ended December 31 Sales Cost of goods sold other operating expenses Interest expense Income taxes Total costs and expenses Net income Earnings per share 2017 $583, 948 $356, 208 181, 024 9,927 7,591 554, 750 $ 29, 198 $ 1.88 2016 $ 460, 808 $ 299,525 116,584 10,599 6,912 433,620 $ 27, 188 $ 1.67 Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios Exercise 17-9 Part 1 Exercise 17-9 Part 1 (1) Debt and equity ratios. Debt Ratio 59 Choose Numerator: Choose Denominator: Debt Ratio I! IT 1 Debt ratio 2017: = 96 2016: 11 96 Equity Ratio Choose Numerator: Choose Denominator: = Equity Ratio Equity ratio 96 2017: 1 III 11 2016: 96 Exercise 17-9 Part 2 (2) Debt-to-equity ratio. Choose Numerator: Debt-To-Equity Ratio 1 Choose Denominator: = Debt-To-Equity Ratio Debt-to-equity ratio I! 2017: to 1 2016: = = to 1 Exercise 17-9 Part 3 (3) Times interest earned Choose Numerator: Times Interest Earned 1 Choose Denominator: / Times Interest Earned Times interest earned 2017: 1 H1 times 2016: 1 IT times