Simon Company's year-end balance sheets follow. Current Year 1 Year Ago 2 Years Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 36,661 107,306 129,626 11,338 330,285 $ 615, 216 $ 42,429 72,765 97,135 11,026 307,004 $ 530,359 $ 41,610 56,624 61,529 4,719 268,818 $ 433,300 $ 156,253 119, 130 162,500 177,333 $ 615, 216 $ 86,942 121,983 162,500 158,934 $ 530,359 $ 57,768 94,802 162,500 118,230 $ 433,300 The company's income statements for the current year and one year ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Year $ 799,781 $ 487,866 247,932 13,596 10,397 759,791 $ 39,990 1 Year Ago $ 631,127 $ 410,233 159,675 14,516 9,467 593,891 $ 37,236 Earnings per share $ 2.46 $ 2.29 For both the current year and one year ago, compute the following ratios: (2) Compute debt-to-equity ratio for the current year and one year ago. Debt-To-Equity Ratio Denominator: = Numerator: Total liabilities Debt-To-Equity Ratio Debt-to-equity ratio 1 Total equity - Current Year: / 0 to 1 1 Year Ago: / - 0 to 1 (3-a) Compute times interest earned for the current year and one year ago. (3-b) 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 Compute times interest earned for the current year and one year ago. Times Interest Earned Numerator: 1 Denominator: Times Interest Earned 1 Times interest earned Current Year: 1 times 1 Year Ago: 1 times