Simon Company's year-end balance sheets follow. Current Yr 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 $ 39,659 88,888 189,537 9,680 276,466 $514,622 $ 34,781 $ 36,600 63,973 48,8ee 82,073 51,447 9,410 4,189 253,483 228,664 $ 443,642 $ 369,700 $126,859 $ 76,475 $ 48,800 96,749 162,500 128.514 $514,622 102,037 83,338 162,500 162,5ee 192,628 75,862 $ 443,649 $ 369, 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 $ 669,899 $408,995 297, 393 11,373 8,697 635,558 $ 33,451 1 Yr Ago $ 527,932 $343,156 133,567 12,142 7.919 496.784 $ 31,148 $ 2.96 $ 1.92 For both the Current Year and 1 Year Ago, compute the following ratios: (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: Choose Denominator: = Times Interest Earned Times interest earned Current Year: times 1 Year Ago: times Required 3A Required 3B > 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