Required information

[The following information applies to the questions displayed below.] Simon Companys year-end balance sheets follow.

At December 31	Current Yr					1 Yr Ago			2 Yrs Ago
Assets
Cash		$	34,590			$	39,647		$	41,291
Accounts receivable, net			100,251				69,382			55,054
Merchandise inventory			119,928				91,684			57,483
Prepaid expenses			10,598				10,201			4,498
Plant assets, net			303,822				279,766			250,574
Total assets		$	569,189			$	490,680		$	408,900
Liabilities and Equity
Accounts payable		$	138,893			$	85,413		$	53,975
Long-term notes payable secured by mortgages on plant assets			108,078				111,728			88,560
Common stock, $10 par value			162,500				162,500			162,500
Retained earnings			159,718				131,039			103,865
Total liabilities and equity		$	569,189			$	490,680		$	408,900

The companys income statements for the Current Year and 1 Year Ago, follow.

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	739,946					$	583,909
Cost of goods sold	$	451,367					$	379,541
Other operating expenses		229,383						147,729
Interest expense		12,579						13,430
Income tax expense		9,619						8,759
Total costs and expenses					702,948						549,459
Net income				$	36,998					$	34,450
Earnings per share				$	2.28					$	2.12

For both the Current Year and 1 Year Ago, compute the following ratios:

(1) Debt and equity ratios.

Debt Ratio Choose Numerator: Choose Denominator: II Debt Ratio Debt ratio Current Year: / / / II % 1 Year Ago: II % Equity Ratio Choose Numerator: Choose Denominator: - = Equity Ratio Equity ratio % = Current Year: II 1 / 1 Year Ago: %