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 $ 36,602 105,042 133, 378 11,787 321,392 $608,201 $ 41,945 $ 41,971 71,935 57,674 96,998 60,201 10,790 4,616 302,643 268,138 $ 524,311 $ 432,600 $151,442 $ 88,609 $ 57,674 113,198 162,500 181, 061 $608, 201 123,003 96,561 162,500 162,500 150, 199 115,865 $ 524,311 $ 432,600 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 $ 790,661 $ 482,303 245, 105 13,441 10,279 751,128 $ 39,533 1 Yr Ago $ 623,930 $ 405,555 157,854 14,350 9,359 587,118 $ 36,812 $ 2.43 $ 2.27 For both the Current Year and 1 Year Ago, compute the following ratios: (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: / Choose Denominator: Debt-To-Equity Ratio Debt-to-equity ratio / Current Year: / = to 1 1 Year Ago: / 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 3B Times interest earned. Times Interest Earned Choose Numerator: 1 Choose Denominator: Times Interest Earned 1 Times interest earned Current Year: 7 times 1 Year Ago: times (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