Simon Company's year-end balance sheets follow. 1 Yr Ago 2 Yrs Ago At December 31 Current Yr Assets $ 30,059 Cash $ 34,781 63,973 82,073 9,410 253,483 36,6e0 Accounts receivable, net Merchandise inventory 88,888 48, 8ee 189,537 51,447 Prepaid expenses Plant assets, net 9,680 4,189 276,466 228,664 Total assets $514,622 $443,640 369,7e0 Liabilities and Equity Accounts payable $126,859 $ 76,475 48,8ee Long-term notes payable secured by mortgages on plant assets Common stock, $1e par value Retained earnings 96,749 182,e37 83,338 162,5ee 75,062 162,5ee 162, 5ee 102,628 128,514 $ 443,640 369,78e Total liabilities and equity $514,622 The company's Income statements for the Current Year and 1 Year Ago, follow. 1 Yr Ago For Year Ended December 31 Current Yr Sales $669,ee9 527,932 Cost of goods sold Other operating expenses $488,e95 287,393 11,373 8,697 $343,156 133,567 Interest expense 12,142 Income tax expense 7,919 Total costs and expenses 635,558 496,784 $33,451 $ 31,148 Net income 2.06 Earnings per share 1.92 For both the Current Year and 1Year Ago, compute the following ratios: (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: Choose Denominator: Debt-To-Equity Ratio Debt-to-equity ratio Current Year: to 1 1 Year Ago: to 1