Simon Company's year-end balance sheets follow. Current Yn Yr Ago 2 Yrs 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,800 89,500 112,500 10,700 278,500 $523,000 $ 35,625 $ 37,800 62,500 50,280 82,500 54,000 9,375 5,000 255,000 230,500 $445,000 $ 377,500 $129,900 $ 75,250 $ 51,250 98,500 163,500 131, 100 $523,000 101,500 83,500 163,500 163,500 104,750 79,250 $445,000 $ 377,500 The company's income statements for the current year and 1 year ago, follow, For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Current Yn $ 673,500 $411,225 209550 12, 100 9,525 1 r Ago $ 532,000 $ 345,500 134,980 13,00 8,845 The company's income statements for the current year and 1 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 YP $673,500 $411,225 209,550 12,100 9,525 642,400 $ 31,100 1 Yr Ago $ 532,099 $ 345,500 134,989 13,380 8,845 502,625 $ 29,375 Earnings per share $ 1.90 $ 1.80 For both the Current Year and 1 Year Ago, compute the following ratios: (2) Debt-to-equity ratio Debt-To-Equity Ratio 1 Choose Denominator Choose Numerator: Debt-To-Equity Ratio Debt-to-equity ratio to 1 Current Year: to 1 1 Year Ago