Simon Company's year-end balance sheets follow. Current Yr 1 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 $ 26,636 77,979 97,064 8,838 245,502 $456,019 $ 30,821 $ 32,432 56,138 43,676 70,545 46,519 8,256 3,604 227, 360 201,369 $ 393,120 S 327,600 $114,684 $ 65, 109 $ 44,108 85,732 162,500 93, 103 $ 456,019 88,609 70,952 162,500 162,500 76,902 50,040 $ 393,120 $ 327,600 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 Earnings per share Current Yr $592,825 $361,623 183,776 10,078 7,707 563, 184 $ 29,641 1 Yr Ago $ 467,813 $304,078 118,357 10, 760 7,017 440,212 $ 27,601 $ 1.82 $ 1.70 (1) Debt and equity ratios. Debt Ratio Choose Denominator: Choose Numerator: Debt Ratio / Debt ratio Current Year: % 1 Year Ago: / % Choose Numerator: Equity Ratio Choose Denominator: Equity Ratio Equity ratio Current Year: % 1 Year Ago: % (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: Choose Denominator: 1 Debt-To-Equity Ratio Debt-to-equity ratio to 1 Current Year: to 1 1 Year Ago: Complete this question by entering your answers in the tabs below. Required 3A Required 3B Times interest earned. Times Interest Earned | Choose Denominator: Choose Numerator: Times Interest Eamed Times interest earned Current Year: times 1 Year Ago: 1 times Required 3B > Complete this question by entering your answers in the tabs below. Required 3A Required 3B Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ag Times interest earned