Simon Companys year-end balance sheets follow.

At December 31	Current Yr					1 Yr Ago			2 Yrs Ago
Assets
Cash		$	27,154			$	31,106		$	32,732
Accounts receivable, net			77,127				53,879			43,219
Merchandise inventory			99,940				71,932			45,126
Prepaid expenses			8,745				8,332			3,566
Plant assets, net			247,271				231,507			196,357
Total assets		$	460,237			$	396,756		$	321,000
Liabilities and Equity
Accounts payable		$	118,037			$	65,040		$	41,525
Long-term notes payable secured by mortgages on plant assets			89,120				93,991			69,522
Common stock, $10 par value			162,500				162,500			162,500
Retained earnings			90,580				75,225			47,453
Total liabilities and equity		$	460,237			$	396,756		$	321,000

The companys income statements for the Current Year and 1 Year Ago, follow.

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	598,308					$	472,140
Cost of goods sold	$	364,968					$	306,891
Other operating expenses		185,475						119,451
Interest expense		10,171						10,859
Income tax expense		7,778						7,082
Total costs and expenses					568,392						444,283
Net income				$	29,916					$	27,857
Earnings per share				$	1.84					$	1.71

For both the Current Year and 1 Year Ago, compute the following ratios:

(1) Debt and equity ratios. Debt Ratio Choose Numerator: Choose Denominator: Debt Ratio Debt ratio % / 11 Current Year: 1 Year Ago: = % Equity Ratio Choose Numerator: Choose Denominator: Equity Ratio Equity ratio % 11 Current Year: 1 Year Ago: / 11 % (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: Choose Denominator: = Debt-To-Equity Ratio Debt-to-equity ratio = to 1 Current Year: 1 Year Ago: / = to 1 (3-a) Times interest earned. (3-6) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Complete this question by entering your answers in the tabs below. Required 3A Required 3B Times interest earned. Times Interest Earned 1 Choose Denominator: Choose Numerator: Times Interest Earned Times interest earned times times / Current Year: 1 Year Ago: