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 $ 27,223 $ 30,573 $ 31,226 76,580 55,687 42,476 99,203 72,144 44,789 8,337 8,353 3,470 241,018 223,209 196,639 $452,361 $389,966 $ 318,600 $111,512 $ 65,245 $ 41,635 86,745 87,001 69,002 162,500 162,500 162,500 91,604 75,220 45,463 $452,361 $389,966 $ 318,600 The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income Earnings per share 2017 $588,069 $ 358,722 182,301 9,997 7,645 558,665 $ 29,404 2016 $ 464,060 $301,639 117,407 10,673 6,961 436,680 $ 27,380 $ 1.81 $ 1.68 Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios. Debt and equity ratios. The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income Earnings per share 2017 $588,069 $ 358,722 182,301 9,997 7,645 558,665 $ 29,404 2016 $ 464,060 $301,639 117,407 10,673 6,961 436,680 $ 27,380 $ 1.81 $ 1.68 Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by com following ratios. (2) Debt-to-equity ratio. Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios. (3) Times interest earned