Required information (The following information applies to the questions displayed below.) Marshall Company has been in business for several years now. Marshall Company's year-end balance sheets follow. 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 Conmon stock, $10 par value Retained earnings Total liabilities and equity $ 35,381 103,592 132,879 11,394 328,672 $611,923 $ 41,358 $ 42,650 75,330 56,867 99,543 60,551 11,299 4.932 299,990 274,600 $ 527,520 $ 439,600 $153,893 $ 87,368 $ 56,867 117,342 162,500 178,188 $611,923 122,543 99,095 162,500 162,500 155, 109 121, 138 $ 527,520 $ 439,600 Marshall 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 expenso Income tax expense Total costs and expenses Net income Current Yr $ 795,500 $485,255 246,605 13,524 10,342 755, 726 $ 39,774 $ 2.45 1 Yr Ago $627, 749 $408,037 158,820 14,438 9.416 590,711 $ 37,038 $ 2.28 Earnings per share For both the Current Year and 1 Year Ago, compute the following ratios: For both the Current Year and 1 Year Agb, compute the following ratios: (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: 1 Choose Denominator: 1 = Debt-To-Equity Ratio Debt-to-equity ratio to 1 Current Year: / 1 Year Ago: / = to 1