How do I calculate?

Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 25, 407 $ 29, 699 $ 31,233 Accounts receivable, net 74, 367 53,002 40, 027 Merchandise inventory 90, 753 67,999 13,930 Prepaid expenses 8, 344 7, 719 3,268 Plant assets, net 227 , 499 209 , 141 187 , 842 Total assets $426, 370 $ 367 , 560 $ 306, 300 Liabilities and Equity Accounts payable $106, 166 $ 62, 739 $ 41, 240 Long-term notes payable secured by mortgages on plant assets 77, 753 82 , 848 65, 662 Common stock, $10 par value 162, 500 162,500 162,500 Retained earnings 79 , 951 59, 473 36, 898 Total liabilities and equity $426, 370 $ 367, 560 $ 306,300 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Current Yr 1 Yr Ago Sales $554, 281 $ 437, 396 Cost of goods sold $338, 111 $284, 307 Other operating expenses 171, 827 110,661 Interest expense 9, 423 10, 060 Income tax expense 7, 206 6,561 Total costs and expenses 526, 567 411,589 Net income $ 27, 714 $ 2 Earnings per share 1. 7 1. 59 For both the Current Year and 1 Year Ago, compute the following ratios: (1) Debt and equity ratios. Debt Ratio Choose Numerator: Choose Denominator: = Debt Ratio = Debt ratio Current Year: % 1 Year Ago: Equity Ratio Choose Numerator: Choose Denominator: = Equity Ratio = Equity ratio Current Year: % 1 Year Ago: %