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		$	30,406			$	36,993		$	37,778
Accounts receivable, net			91,723				65,372			51,379
Merchandise inventory			110,802				85,545			53,645
Prepaid expenses			10,092				9,711			4,072
Plant assets, net			282,853				255,720			234,726
Total assets		$	525,876			$	453,341		$	381,600
Liabilities and Equity
Accounts payable		$	132,253			$	75,848		$	49,867
Long-term notes payable			101,831				103,226			83,490
Common stock, $10 par value			162,500				162,500			162,500
Retained earnings			129,292				111,767			85,743
Total liabilities and equity		$	525,876			$	453,341		$	381,600

The companys income statements for the current year and one year ago, follow.

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	683,639					$	539,476
Cost of goods sold	$	417,020					$	350,659
Other operating expenses		211,928						136,487
Interest expense		11,622						12,408
Income tax expense		8,887						8,092
Total costs and expenses					649,457						507,646
Net income				$	34,182					$	31,830
Earnings per share				$	2.10					$	1.96

For both the current year and one year ago, compute the following ratios:

(1) Debt and equity ratios.

(2) Debt-to-equity ratio. (3-a) Times interest earned.

(1) Debt and equity ratios. Choose Numerator: Debt Ratio 1 Choose Denominator: 1 II Debt Ratio Debt ratio II / Current Year: 1 Year Ago: 0 % 0 % Il 1 Equity Ratio 1 Choose Denominator: 1 Choose Numerator: Il Equity Ratio Equity ratio Il 1 0 % Current Year: 1 Year Ago: / II 0 %