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 $ 33,291 96,488 117,747 10,721 294,947 $553,194 $ 38,914 $ 39,749 66,765 54,621 87,343 59,341 9,915 4,552 273,954 251,437 $ 476,891 $ 409,700 $140,500 $ 82,206 $ 54,080 105,040 162,500 145,154 $553,194 106,394 87,827 162,500 162,500 125,791 105,293 $ 476,891 $ 409,700 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 $ 719,152 $438,683 222,937 12,226 9,349 683,195 $ 35,957 1 Yr Ago $ 567,500 $368,875 143,578 13,053 8,513 534,019 $ 33,481 2.21 $ 2.06 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: 1 = II Debt-To-Equity Ratio Debt-to-equity ratio to 1 to 1 Current Year: 1 Year Ago: 1