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 $ 28,041 79,646 102,184 9,120 256,282 $475, 273 $ 33,433 $ 35,181 56,213 46,909 74,282 48,483 8,604 3,756 237,186 214,071 $ 409,718 $ 348,400 $119,526 $ 67,165 $ 46,449 91,138 162,500 102, 109 $475, 273 96, 120 78,536 162,500 162,500 83,933 60,915 $ 409, 718 $ 348,400 The company's income statements for the Current Year and 1 Year Ago, follow. 1 Yr Ago $ 487,564 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 Yx $617,855 $376,892 191,535 10,504 8,032 586,963 $ 30,892 1.90 $316,917 123,354 11,214 7,313 458,798 $ 28, 766 Earnings per share $ 1.77 Debt Ratio Choose Denominator: Choose Numerator: Debt Ratio Debt ratio Current Year: 1 Year Ago: % % = Equity Ratio 1 Choose Denominator: Choose Numerator: Equity Ratio Equity ratio Current Year: % 1 Year Ago: % Debt-To-Equity Ratio Choose Numerator: Choose Denominator: Debt-To-Equity Ratio Debt-to-equity ratio to 1 Current Year: Il 1 Year Ago: 11 to 1 Times interest earned. Times Interest Earned Choose Numerator: Choose Denominator: / 1 Times Interest Earned Times interest earned times Current Year: 1 Year Ago: !! times Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Times interest earned