Use the information above to answer questions. thank you!

Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 32,963 $ 39,710 $ 39,342 Accounts receivable, net 99,437 69,493 54,597 Merchandise inventory 125,023 89, 103 58,157 Prepaid expenses 10,615 10,011 4,461 Plant assets, net 302,063 283, 149 248,943 Total assets $570, 101 $ 491,466 $ 405,500 Liabilities and Equity Accounts payable $141,955 $ 82,227 $ 52,991 Long-term notes payable secured by mortgages on plant assets 103,964 109,646 92,304 Common stock, $10 par value 162,500 162,500 162,500 Retained earnings 161,682 137,093 97,705 Total liabilities and equity $570, 101 $ 491,466 $405,500 The company's income statements for the current Year and 1 Year Ago, follow. For Year Ended December 31 Current Yr 1 Yr Ago Sales $741, 131 $584,845 Cost of goods sold $452,090 $380,149 Other operating expenses 229,751 147,966 Interest expense 12,599 13,451 Income tax expense 9,635 8,773 Total costs and expenses 704,075 550,339 Net income $ 37,056 $ 34,506 $ 2.28 Earnings per share $ 2.12 For both the Current Year and 1 Year Ago, compute the following ratios: (1) Debt and equity ratios. Debt Ratio Debt ratio 0 % 0 % Current Year: Debt Ratio Choose Numerator: 1 Choose Denominator: / 37,0567 34,5067 Equity Ratio Choose Numerator: 1 Choose Denominator: $ 1 Year Ago: $ Equity Ratio Equity ratio : 0 % 0 % Current Year: 1 Year Ago: (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 O to 1 1 H Current Year: 1 Year Ago: 1 (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? Complete this question by entering your answers in the tabs below. Required 3A Required 3B Times interest earned. Times Interest Earned Choose Numerator: Choose Denominator: 11 Timos Interest Earned Times interest earned times Current Year: 1 Year Ago: 1 times Krague Required 30 > (3-a) 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 38 Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago? Times interest earned