Required informotion [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. 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-a) 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? (3-0) Times interest earned (3-b) Based on times interest earned, is the company more or less nisky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Compute debt-to-equity ratio for the current year and one year ago