Simon Companys year-end balance sheets follow.

Simon Company's year-end balance sheets follow Assets 34,878 39,834 42,328 180,783 72,554 55,889 124,18196,815 66,713 11,08610,776 319,247 288,183 251,741 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 4,429 $589,375 $588,882 $ 415,188 Total assets Liabilities and Equity Accounts payable Long-tern notes payable secured by mortgages on plant assets Common stock, $16 par value Retained earnings $146,754 88,442 54,793 111,911128,365 92,654 162,508 162,500 162,5e0 168,210 136,775185,153 $589,375 $588,e82 $ 415,100 Total liabilities and equity The company's Income statements for the years ended December 31, 2017 and 2016, follow For Year Ended December 31 Sales 2817 2016 s 766, 188 s 684,618 $467,375 237 518 13,825 $ 393,e82 Cost of goods sold Other operating expenses Interest expense Income taxes 152,968 13,986 9,960 727 87 9, 869 568,945 Total costs and expenses $38 31e $ 35,673 Net incose $236 S2.28 Earnings per share Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by comouting th following ratios (1) Debt and equity ratios. Debt Ratio Debt Ratio Choose Denominator: Choose Numerator - Debt ratio 2017 2016 Equity Ratio Choose DenominatorEquity Ratie # | Equity ratio Choose Numerator: # | Equity Ratio 2017 2016 96 (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: Choose Denominator | Debt-To-Equity Ratio # 1 Debt-to-equity ratio # 2017 to 1 2016 to 1