Saved Hel Required information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. 2017 2016 2015 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 $ 33,152 $ 40,333 $ 40,370 100,006 69,199 53,283 120,808 89,613 59,075 10,567 10,276 4,667 308,832 284,859 254,505 $573,365 $494,280 $411,900 2:14 $144,196 $ 82,698 $ 54,915 105,637 112,548 90, 120 162,500 162,500 162,500 161,032 136, 534 104,365 $573,365 $494,280 $411,900 The company's income statements for the years ended December 31, 2017 and 2016, follow. Tor Year Ended December 31 Sales Cont of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Set income Earnings per share 2017 $ 745,375 $454,679 231,066 12,671 9.690 708 106 $ 37,269 2.29 2016 $588,193 $382,325 148,813 13,528 8,823 553, 489 $ 34,704 $ 2.14 Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios. Earnings per share $ 2.29 $ 2.14 Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios. (1) Debt and equity ratios. Debt Ratio 1 Choose Denominator: Choose Numerator: Debt Ratio Debt ratio % 2017: 2016: % Equity Ratio Choose Denominator: Choose Numerator: - Equity Ratio Equity ratio % 2017: 2016: % CD MacBook Air