[The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. AL 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 Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago $ 41,293 72,263 $ 34,633 99,374 127,468 11,488 314,943 $ 597,006 $ 149,989 189, 150 163,500 166,268 $ 587,006 95,490 10,946 286,048 $ 506,940 $ 87,231 114,961 162,500 142,248 $ 506,040 $ 40,913 56,221 59.881 4,731 259,954 $ 421,700 $ 53,994 95,868 162,500 110,146 $421,766 For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and one 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 (1) Debt and equity ratios. Current Year $763,108 $465,496 236, 563 1 Year Ago $ 602 198 12,973 9,920 724,952 $39,156 $ 391,422 152,354 13,958 9.033 566,659 $35,529 2.35 (2-a) Compute debt-to-equity ratio for the current year and one year ago. $2.19 (2-b) Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? (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? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required ZA Required 2B Required 3A Required 3B Compute debt and equity ratio for the current year and one year aoo.