[The following information applies to the questions displayed below.] Simon Companys year-end balance sheets follow.

At December 31	Current Yr					1 Yr Ago			2 Yrs Ago
Assets
Cash		$	28,407			$	34,201		$	33,571
Accounts receivable, net			82,331				57,527			46,104
Merchandise inventory			101,445				78,321			49,115
Prepaid expenses			9,056				8,455			3,767
Plant assets, net			260,228				236,554			206,543
Total assets		$	481,467			$	415,058		$	339,100
Liabilities and Equity
Accounts payable		$	119,885			$	71,548		$	43,866
Long-term notes payable			90,516				95,463			74,192
Common stock, $10 par value			162,500				162,500			162,500
Retained earnings			108,566				85,547			58,542
Total liabilities and equity		$	481,467			$	415,058		$	339,100

The companys income statements for the current year and one year ago, follow.

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	625,907					$	493,919
Cost of goods sold	$	381,803					$	321,047
Other operating expenses		194,031						124,962
Interest expense		10,640						11,360
Income tax expense		8,137						7,409
Total costs and expenses					594,611						464,778
Net income				$	31,296					$	29,141
Earnings per share				$	1.93					$	1.79

For both the current year and one year ago, compute the following ratios:

1) Debt and equity ratios.

Debt Ratio Debt Ratio Choose Numerator: 1 Choose Denominator: Total liabilities Total assets S 318,967/ S 481,467 Current Year: 1 Year Ago: Debt ratio 86.2 % 0 % 1 Equity Ratio Choose Numerator: 1 Choose Denominator: 1 = Equity Ratio Equity ratio 0 % 1 Current Year: 1 Year Ago: 1 0 % (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: 1 Choose Denominator: 1 Debt-To-Equity Ratio Debt-to-equity ratio = Current Year: 0 to 1 1 Year Ago: Oto 1 (3-6) 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: 1 Choose Denominator: Times Interest Earned 1 Times interest earned Current Year: 1 = times 1 Year Ago: 1 times (3-6) Times interest earned. (3-6) 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 Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Based on times interest earned, the company is for creditors in the current year versus one year ago