Simon Companys year-end balance sheets follow.

At December 31	Current Yr					1 Yr Ago			2 Yrs Ago
Assets
Cash		$	28,260			$	34,025		$	33,385
Accounts receivable, net			82,726				58,387			46,330
Merchandise inventory			101,952				77,918			48,862
Prepaid expenses			9,010				8,845			3,709
Plant assets, net			257,039				233,745			211,814
Total assets		$	478,987			$	412,920		$	344,100
Liabilities and Equity
Accounts payable		$	121,653			$	68,388		$	45,421
Long-term notes payable secured by mortgages on plant assets			89,149				96,871			73,765
Common stock, $10 par value			162,500				162,500			162,500
Retained earnings			105,685				85,161			62,414
Total liabilities and equity		$	478,987			$	412,920		$	344,100

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

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	622,683					$	491,375
Cost of goods sold	$	379,837					$	319,394
Other operating expenses		193,032						124,318
Interest expense		10,586						11,302
Income tax expense		8,095						7,371
Total costs and expenses					591,550						462,385
Net income				$	31,133					$	28,990
Earnings per share				$	1.92					$	1.78

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

(1) Debt and equity ratios.