Required information The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow Current ye 1 yr Ago 2 Yes Ago At December 33 Assets Casi 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 Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,800 S 35,625 $37,888 89 580 62% 5ee 58, 200 112,500 82,500 54.888 10,78 9,375 5, Bee 278, 588 255.ee 238 50e $523, eee 5445,000 $.377,500 $129,9ee $ 75,250 551,250 98, see 169,5ee 151, 100 $523,000 181,50e 83,500 163,500 163 50e 184,75 79.250 3445, eea $ 377,500 The company's income statements for the current year and 1 year ago, follow 13 For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net incon Earnings per share Current Yr 5673, 500 $411,225 209,55e 12,100 9.525 542,400 $31, 100 5 1.90 1 Yr Ago 5532.ee $ 345, 5ee 134,989 13.30 8.845 582,625 $ 29,375 5 1.se For both the Current Year and 1 Year Ago, compute the following ratios For both the Current Year and 1 Year Ago, compute the following ratios 11) Debt and equity ratios Choose Numerator Detal Choose Denomina Current Year 1 Year ago Equity Ratio Choose Womerator Choose Dencinator Current Year: 1 Year Ago For both the Current Year and 1 Year Ago, compute the following ratios: (2) Debt-to-equity ratio Choose Numerator: Debt-To-Equity Ratio Choose Denominator Delit Tofiq Ba Debt-to-equity ratio Current Year 1 Year Ago: tot Complete this question by entering your answers in the tabs below. Required 3A Required 30 Times interest eamed. Choose Numerator Times attentamed Choose Denominator Current Year: 1 Year Ago: Required 3B) Complete this question by entering your answers in the tabs below. Required 3A Required 38 Based on times interest earned, is the company more or less risky for creditors in the Current Year versus Year 2007 interat ornod