Compute debt-to-equity ratio for the current Year and one year ago.

Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Current Year 1 Year Ago 2 Years Ago Assets Cash $ 27, 681 $ 32, 356 $ 31, 728 Accounts receivable, net 81, 815 56, 623 43 , 177 Merchandise inventory 99, 871 75 , 564 46, 917 Prepaid expenses 8, 649 8 , 241 3, 562 Plant assets, net 246, 500 227, 661 205, 016 Total assets $ 464, 516 $ 400, 445 $ 330, 400 Liabilities and Equity Accounts payable $ 116, 821 $ 69, 029 $ 43 , 177 Long-term notes payable 84 , 709 92 , 102 73 , 016 Common stock, $10 par value 162, 500 162, 500 162 , 500 Retained earnings 100, 486 76, 814 51, 705 Total liabilities and equity $ 464, 516 $ 400, 445 $ 330, 400 The company's income statements for the current year and one year ago, follow. For Year Ended December 31 Current Year 1 Year Ago Sales $ 603, 871 5 476, 530 Cost of goods sold $ 368, 362 9 309, 745 Other operating expenses 187, 200 120, 562 Interest expense 10, 266 10,960 Income tax expense 7, 850 7, 148 Total costs and expenses 573, 677 4 49, 415 Net income $ 30, 194 $ 29, 115 Earnings per share $ 1 . 86 $ 2. 73 For both the current year and one year ago, compute the following ratios