Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 23,955 $ 28,579 $ 30,662 Accounts receivable, 72,292 49,507 39,692 net Merchandise inventory 90,893 66,755 43,553 Prepaid expenses 8,032 7,502 3,308 plant assets, net 223,402 208,497 183,485 Total assets $418,574 $360,840 $300,700 Liabilities and Equity Accounts payable $104,225 $ 59,762 $ 40,883 Long-term notes payable secured by mortgages on plant assets 80,266 82,163 67,119 Common stock, $10 par value 162,500 162,500 162,500 Retained earnings 71,583 56,415 30, 198 Total liabilities and $418,574 $360, 840 $300,700 equity The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended Current Yr December 31 Sales $544,146 Cost of goods sold $331,929 Other operating 168,685 expenses Interest expense 9, 250 Income tax 7,074 expense Total costs and 516,938 expenses Net income $ 27,208 Earnings per $ 1.67 share 1 Yr Ago $429, 400 $279, 110 108,638 9,876 6,441 404,065 $ 25, 335 1.56 For both the Current Year and 1 Year Ago, compute the following ratios: Debt-To-Equity Ratio Choose Numerator: 1 Choose Denominator: 1 11 Debt-To-Equity Ratio Debt-to-equity ratio 0 to 1 Current Year: 1 Year Ago: 0 to 1