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Simon Companys year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 28,446 $ 32,579 $ 36,403

Simon Companys year-end balance sheets follow.

At December 31 Current Yr 1 Yr Ago 2 Yrs Ago
Assets
Cash $ 28,446 $ 32,579 $ 36,403
Accounts receivable, net 84,111 58,189 47,124
Merchandise inventory 103,659 76,892 51,708
Prepaid expenses 9,253 8,640 3,927
Plant assets, net 261,536 243,532 217,838
Total assets $ 487,005 $ 419,832 $ 357,000
Liabilities and Equity
Accounts payable $ 123,690 $ 70,952 $ 47,124
Long-term notes payable secured by mortgages on plant assets 92,473 97,527 80,475
Common stock, $10 par value 162,500 162,500 162,500
Retained earnings 108,342 88,853 66,901
Total liabilities and equity $ 487,005 $ 419,832 $ 357,000

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

For Year Ended December 31 Current Yr 1 Yr Ago
Sales $ 633,107 $ 499,600
Cost of goods sold $ 386,195 $ 324,740
Other operating expenses 196,263 126,399
Interest expense 10,763 11,491
Income tax expense 8,230 7,494
Total costs and expenses 601,451 470,124
Net income $ 31,656 $ 29,476
Earnings per share $ 1.95 $ 1.81

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
Current Year: / = %
1 Year Ago: / = %
Equity Ratio
Choose Numerator: / Choose Denominator: = Equity Ratio
/ = Equity ratio
Current Year: / = %
1 Year Ago: / = %

Return on total assets

Return On Total Assets
Choose Numerator: / Choose Denominator: = Return On Total Assets
/ = Return on total assets
Current Year: / = 0 %
1 Year Ago: / = 0 %

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