Chapter 13 - please complete below

Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago 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 $ 28,150 85,751 105,723 9,250 257,990 $486, 864 $ 33,577 $ 32,929 58,759 45,263 77,646 48,205 8,990 3,659 240,738 212,844 $ 419,710 $ 342,989 $122,441 $ 68,883 $ 44,810 89, 700 162,500 112,223 $486,864 96,533 77,297 162,580 162,500 91,874 58,293 $ 419,710 $ 342,900 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 Current Yr $632,923 $386,083 196, 206 18,750 1 Yr Ago $499,455 $324,646 126,362 11,487 2.492 469.987 5 29, 468 681,271 $31,646 Earnings per share $ 1.95 1.81 For both the Current Year and 1 Year Ago, compute the following ratlos: (1) Debt and equity ratlos. Debt Ratio Choose Numerator: Choose Denominator: Debt Ratio 1 7 Debt ratio Current Year: / 96 1 Year Ago: % Equity Ratio Choose Numerator: Choose Denominator: Equity Ratio Equity ratio Current Year: 96 1 Year Ago: 96