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Simon Company's year$-$end balance sheets follow.

For both the current year and one year ago, compute the following ratios:

The company's Income statements for the current year and one year ago, follow.

$(1)$ Debt and equlty ratlos.

$(2-$a$)$ Compute debt$-$to$-$equlty ratio for the current year and one year ago.

$(2-$b$)$ Based on debt$-$to$-$equity ratio, does the company have more or less debt In the current year versus one year ago?

$(3-$a$)$ Times interest earned.

$(3-$b$)$ Based on times Interest earned, is the company more or less risky for creditors in the Current Year versus $1$ Year Ago?

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Compute debt and equity ratio for the current year and one year ago.