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 $ 34,201 100, 148 129,771 11,468 322,023 $597,611 $ 40,802 $ 41,669 72,125 53,892 97,215 59,768 11,035 4,584 294,005 260,987 $ 515, 182 $ 420,900 $145, 829 $ 87,066 $ 55,559 108,980 162,500 180, 302 $597,611 119,677 93,019 162,500 162,500 145,939 109,822 $ 515, 182 $ 420,900 The company's income statements for the Current Year and 1 Year Ago, follow. 1 Yr Ago $ 613,067 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 $776,894 $473,905 240,837 13,207 10, 100 738,049 $ 38,845 $ 2.39 $398, 494 155, 106 14, 101 9,196 576,897 $ 36,170 $ 2.23 (1) Debt and equity ratios. Debt Ratio Choose Denominator: Choose Numerator: 1 Debt Ratio Debt ratio = Current Year: II = 1 Year Ago: Equity Ratio Choose Denominator: Choose Numerator: Equity Ratio Equity ratio / 11 Current Year: 11 1 Year Ago: 7 (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: 1 Choose Denominator: / Debt-To-Equity Ratio Debt-to-equity ratio to 1 Current Year: / 1 Year Ago: 1 to 1 (3-a) Times interest earned. (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 38 Times interest earned Times Interest Earned Choose Numerator: 1 Choose Denominator: Times Interest Earned Times interest earned times 1 ### Current Year: times 1 1 Year Ago: Reged SA Required 3B (3-a) Times interest earned. (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 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