Required information [The following information applies to the questions displayed below.] 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 equity ratios. (2-0) Compute debt-to-equity 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 eamed. (3-b) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Compute debt and equity ratio for the current year and one year ago. Compute debt-to-equity ratio for the current year and one year ago. Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? compute times interest earned for the current year and one Required 2B Required 3B ? Based on times interest eamed, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? for creditors in the current year versus one year ago