of 5 Exercise 13-9 (Algo) Analyzing risk and capital structure LO P3 The company's income statements for the current year and one year ago, follow. For Year Ended December 31 Sales Cost of goods sold Current Year 1 Year Ago $501,348 $635,322 $307,546 Other operating expenses 196,950 Interest expense 10,000 $325,876 126,841 11,531 Income tax expense 8,259 7,520 Booki Total costs and expenses 603,555 Net income $ 31,767 Hint Print Earnings per share $ 1.95 471,768 $ 29,580 $1.82 Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 2B Required 3A Required 38 Compute debt and equity ratio for the current year and one year ago. Current Year: 1 Year Ago: Current Year: 1 Year Ago: Debt Ratio Numerator: Denominator: Debt Ratio Debt ratio 0% 0% Equity Ratio Numerator: Denominator: Equity Ratio Equity ratio 0 % 0 % Require Required 2A > Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 2B Required 3A Required 38 Compute debt-to-equity ratio for the current year and one year ago. Current Year: 1 Year Ago: Numerator: Debt-To-Equity Ratio Denominator: = Debt-To-Equity Ratio Debt-to-equity ratio < Required 1 Required 2B > 0 to 1 0 to 1 Compute times interest earned for the current year and one year ago. Current Year: 1 Year Ago: Numerator: Times Interest Earned Denominator: Times Interest Earned Times interest earned O times 0 times