Required information (The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow 2016 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets 2017 2015 $ 31,960 36,249 $ 37,763 89,880 66,025 49,334 113,006 86,392 55,260 4,281 291,505263,887 238, 662 $536,338 $462,360 $385,300 9,987 9,807 263 807 Liabilities and Equity Accounts payable Long-term notes payable secured by $129,542 78,920 $ 49,334 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 102,848 104,216 86,003 162,500 162,500 162,500 87,463 $536,338 $462,360 $385,300 141,448 116, 724 The company's income statements for the years ended December 31, 2017 and 2016, follow For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income 2017 2016 $697,239 s 550,208 $425,316 216,144 11,853 9,064 $357,635 139,203 12,655 8,253 517,746 $ 32,462 $ 2.00 662,377S $ 34,862 Earnings per share $ 2.15 Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios