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 $ 34,386 99,660 131,697 11,412 317,549 $594,704 $ 41,424 $ 40,621 72, 492 57,511 95,794 59,465 10,659 4,560 292, 307 260,843 $ 512,676 $ 423,000 $152, 524 $ 87,509 $ 54,719 109,568 162,500 170,112 $594,704 121,453 94,418 162,500 162,500 141,214 111,363 $ 512,676 $ 423,000 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 $773,115 $ 471,600 239,666 13,143 10,050 734, 459 $ 38,656 $ 2.38 1 Yr Ago $ 610,084 $396,555 154,351 14,032 9,151 574,089 $ 35,995 $ 2.22 For both the Current Year and 1 Year Ago, compute the following ratios: (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: 1 Choose Denominator: / 11 = Debt-To-Equity Ratio Debt-to-equity ratio oto 1 0 to 1 Current Year: 1 = 1 Year Ago: II Times interest earned. Times Interest Earned Choose Numerator: Il | Choose Denominator: / = Times Interest Earned Times interest earned times / Current Year: 1 Year Ago: / times