Simon Company's year-end balance sheets follow. 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 Common stock, \$10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago The company's income statements for the current year and one year ago, follow. (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? Complete this question by entering your answers in the tabs below. Compute debt-to-equity ratio for the current year and one year ago