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 recounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earning Total liabilities and equity $ 29,472 88,942 110,720 9,491 276,351 $514,976 $ 35,516 $ 35,907 61,531 48,355 81,309 50, 473 9,136 4,069 256,453 223,896 $ 443,945 $ 362,700 $130,794 $ 75,777 $ 48,355 95, 847 162,500 125,835 $514,976 103,128 80,958 162,500 162,500 102, 540 70,88 $ 443,945 $ 362,700 The company's income statements for the Current Year and 1 Year Ago, follow. Yor Year Ended December 31 Current Ye 1 yr ago Sales $669,469 $528, 295 Cont of goods sold $408,376 $343,392 Other operating expenses 207,535 133,659 Interont expense 11,381 12.151 Income tax expense 8,903 2,924 Total costs and expenses 635,995 69726 Net Income $ 33,474 $ 31,169 Earnings per share $ 2.06 $ 1.92 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: Current Year: = Debt-To-Equity Ratio Debt-to-equity ratio oto 1 oto 1 11 1 Year Ago