JUNTO COMPally > yedi-enu Udidlice SEELS TONUW. 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 $ 29,115 84,383 100,895 9,192 260,206 $483,791 $ 33,365 35,826 58,972 46,823 75,613 49,861 8,758 3,981 240,353 221,809 $ 417,061 $ 358,300 $118,055 $ 69,074 $ 46,823 93,681 162,500 109,555 $483,791 95,924 79,976 162,500 162,500 89,563 69,001 $ 417,061 $ 358,300 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 $628,928 $383,646 194,968 10,692 8,176 597,482 $ 31,446 1 Yr Ago $ 496,303 $322,597 125,565 11,415 7,445 467,022 $ 29,281 $ 1.94 $ 1.80 (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: s - Equity Ratio Equity ratio % Current Year: 1 Year Ago: = % Exercise 13-9 Part 2 (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: Choose Denominator: Debt-To-Equity Ratio Debt-to-equity ratio to 1 Current Year: = 1 Year Ago: = to 1+ 5