you will use the data in the first 2 pictures

to awnser questions in the next 3 pictures.

so the debt ratio, equity ratio , debt-to-equity ratio, and time interest earned.

! Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs 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 Common stock, $10 par value Retained earnings Total liabilities and equity $ 24,856 72,759 90,575 8,164 224,926 $421, 280 $ 28,473 $ 29,962 50,844 39,949 67,187 42,975 7,703 3,295 208,965 189,519 $ 363,172 $ 305,700 $106,997 79,201 162,500 72.582 $421,280 $ 62,684 $ 39,545 81,859 67,560 162,500 162, 5ee 56,209 36,095 $ 363,172 $ 305,700 The company's income statements for the current year and one year ago, follow The company's income statements for the current year and one year ago, follow. $288,914 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 1 Yr Ago $547,664 T $ 432,175 $334, 075 $280,914 169,776 109,340 9,310 9,940 7,120 6,483 520, 281 406,677 $ 27,383 $ 25,498 $ 1.69 $ 1.57 For both the current year and one year ago, compute the following ratios: (1) Debt and equity ratios. Debt Ratio Choose Numerator: Choose Denominator: 11 Debt Ratio / Debt ratio Current Year: 11 % 1 Year Ago: = % Equity Ratio Choose Numerator: 1 5 Choose Denominator: Equity Ratio Equity ratio 11 Current Year: 1 % 1 Year Ago: = % (2) Debt-to-equity ratio. Debt-To-Equity Ratio Choose Numerator: 1 Choose Denominator: 1 1 Current Year: 1 Year Ago: = Debt-To-Equity Ratio Debt-to-equity ratio 0 to 1 O to 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: 1 Choose Denominator: 1 Times Interest Earned Times interest earned timos nes Current Year: 1 Year Ago: times Required a Required 38 >