Simon Companys year-end balance sheets follow.

	At December 31			2015			2014			2013
	Assets
	Cash		$	31,800		$	35,625		$	37,800
	Accounts receivable, net			89,500			62,500			50,200
	Merchandise inventory			112,500			82,500			54,000
	Prepaid expenses			10,700			9,375			5,000
	Plant assets, net			278,500			255,000			230,500
	Total assets		$	523,000		$	445,000		$	377,500
	Liabilities and Equity
	Accounts payable		$	129,900		$	75,250		$	51,250
	Long-term notes payable secured by mortgages on plant assets			98,500			101,500			83,500
	Common stock, $10 par value			163,500			163,500			163,500
	Retained earnings			131,100			104,750			79,250
	Total liabilities and equity		$	523,000		$	445,000		$	377,500

The companys income statements for the years ended December 31, 2015 and 2014, follow.

For Year Ended December 31	2015						2014
Sales				$	673,500					$	532,000
Cost of goods sold	$	411,225					$	345,500
Other operating expenses		209,550						134,980
Interest expense		12,100						13,300
Income taxes		9,525						8,845
Total costs and expenses					642,400						502,625
Net income				$	31,100					$	29,375
Earnings per share				$	1.90					$	1.80

Calculate the companys long term risk and capital structure positions at the end of 2015 and 2014 by computing the following ratios.

Debt-To-Equity Ratio
	Choose Numerator:	/	Choose Denominator:	=	Debt-To-Equity Ratio
	Total liabilities	/	Total equity	=	Debt-to-equity ratio
2015:	$228,400	/	$294,600	=	0.78	to 1
2014:		/		=	0	to 1

Debt Ratio
	Choose Numerator:	/	Choose Denominator:	=	Debt Ratio
		/		=	Debt ratio
2015:		/		=		%
2014:		/		=		%
Equity Ratio
	Choose Numerator:	/	Choose Denominator:	=	Equity Ratio
		/		=	Equity ratio
2015:		/		=		%
2014:		/		=		%