Simon Companys year-end balance sheets follow.

At December 31	Current Yr					1 Yr Ago			2 Yrs Ago
Assets
Cash		$	30,330			$	34,421		$	34,442
Accounts receivable, net			84,493				59,032			47,329
Merchandise inventory			107,307				80,394			49,906
Prepaid expenses			9,483				8,945			3,827
Plant assets, net			267,489				247,468			219,496
Total assets		$	499,102			$	430,260		$	355,000
Liabilities and Equity
Accounts payable		$	121,791			$	71,260		$	48,266
Long-term notes payable secured by mortgages on plant assets			91,955				97,970			76,101
Common stock, $10 par value			162,500				162,500			162,500
Retained earnings			122,856				98,530			68,133
Total liabilities and equity		$	499,102			$	430,260		$	355,000

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

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	648,833					$	512,009
Cost of goods sold	$	395,788					$	332,806
Other operating expenses		201,138						129,538
Interest expense		11,030						11,776
Income tax expense		8,435						7,680
Total costs and expenses					616,391						481,800
Net income				$	32,442					$	30,209
Earnings per share				$	2.00					$	1.86

Simon Companys year-end balance sheets follow.

At December 31	Current Yr					1 Yr Ago			2 Yrs Ago
Assets
Cash		$	30,330			$	34,421		$	34,442
Accounts receivable, net			84,493				59,032			47,329
Merchandise inventory			107,307				80,394			49,906
Prepaid expenses			9,483				8,945			3,827
Plant assets, net			267,489				247,468			219,496
Total assets		$	499,102			$	430,260		$	355,000
Liabilities and Equity
Accounts payable		$	121,791			$	71,260		$	48,266
Long-term notes payable secured by mortgages on plant assets			91,955				97,970			76,101
Common stock, $10 par value			162,500				162,500			162,500
Retained earnings			122,856				98,530			68,133
Total liabilities and equity		$	499,102			$	430,260		$	355,000

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

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	648,833					$	512,009
Cost of goods sold	$	395,788					$	332,806
Other operating expenses		201,138						129,538
Interest expense		11,030						11,776
Income tax expense		8,435						7,680
Total costs and expenses					616,391						481,800
Net income				$	32,442					$	30,209
Earnings per share				$	2.00					$	1.86

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

(1) Debt and equity ratios.