Simons Company's year-end balance sheet 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 $ 30,459 89, 153 109,896 9,712 271,922 $511, 142 $ 35,956 $ 36, 353 60,456 47,986 80,703 52, 142 9,068 4,160 254,457 226,559 $ 440, 640 $ 367,200 $126,002 $ 73,723 $ 47,986 97,056 162,500 125,584 $511, 142 103,374 82,774 162,500 162,500 101,043 73,940 $ 440, 640 $ 367,200 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 $664,485 $405, 336 205,990 11,296 8,638 631,260 $ 33, 225 $ 2.04 1 Yr Ago $ 524,362 $340, 835 132,664 12,060 7,865 493,424 $ 30,938 $ 1.90 For both the Current Year and 1 Year Ago, compute the following ratios: (1) Debt and equity ratios. Debt Ratio Choose Denominator: Choose Numerator: Debt Ratio Debt ratio Current Year: 1 Year Ago: - Equity Ratio 1 Choose Denominator: Choose Numerator: Equity Ratio Equity ratio - Current Year: - 1 Year Ago: - (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: Choose Denominator Debt-To-Equity Ratio Debt-to-equity ratio O to 1 Current Year: 1 Year Ago: 0 to 1 Required 3A Required 3B Times interest earned. Times Interest Earned Choose Numerator: 1 Choose Denominator: Times Interest Earned Times interest earned Current Year: times 1 Year Ago: Required 38 >