Required information [The following information applies to the questions displayed below.] Simon 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 Common stock, $10 par value Retained earnings Total liabilities and equity $ 24,067 71,147 86,823 7,905 217,965 $407,907 $ 27,569 $ 30,805 49,722 39,478 63,753 42,048 7,532 3,290 203,068 186,487 $ 351,644 $ 302,100 $ 99,537 $ 60,022 $ 39,080 75,920 162,500 69,950 $407,907 81,687 162,500 47,435 $ 351,644 66,764 162,500 33,756 302,100 HHH Nout The 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 expense Income tax expense Total costs and expenses Net income Earnings per share Current Yr $530, 279 $323,47 164, 386 9,015 6,894 503,765 $ 26,514 $ 1.63 1 Yr Ago $ 418,456 $ 271,996 105,869 9,624 6,277 393,766 $ 24,690 $ 1.52 For both the Current Year and 1 Year Ago, compute the following ratios: Required information Debt-To-Equity Ratio Choose Numerator: 1 Choose Denominator: 3 = Debt-To-Equity Ratio Debt-to-equity ratio to 1 to 1 Current Year: 1 Year Ago: = ok ences Required information Times interest earned. Times Interest Earned 1 Choose Denominator: Times Interest Earned Times interest earned Choose Numerator: = times 18 times It 1 Current Year: 1 Year Ago: >