[The following information applies to the questions displayed below.] 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 $ 31,459 93,999 120,549 10,340 293,354 $549,701 $ 38,290 $ 40,268 68,333 52,648 85,914 57,197 10,051 4,431 271, 292 240,356 $ 473,880 $ 394,900 $140,982 $ 82,488 $ 51,606 105,411 162,500 140, 808 $549,701 107,902 89, 018 162,500 162,500 120,990 91,776 $ 473,880 $ 394,900 The company's income statements for the Current Year and 1 Year Ago, follow. 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 $ 714,611 $435,913 221,529 12,148 9,290 678,880 $ 35,731 1 Yr Ago $ 563,917 $366,546 142,671 12,970 8,459 530,646 $ 33,271 $ 2.20 $ 2.05 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 Debt-To-Equity Ratio Debt-to-equity ratio 0 to 1 Current Year: 1 1 Year Ago: / = 0 to 1