Compute debt-to-equity ratio for the current year and one year ago. \begin{tabular}{|l|l|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Debt-To-Equity Ratio } \\ \hline & \multicolumn{1}{|c|}{ Numerator: } & 1 & \multicolumn{1}{c|}{ Denominator: } & = & Debt-To-Equity Ratio \\ \hline & Total liabilities & 1 & Total equity & = & Debt-to-equity ratio \\ \hline Current Year: & & 1 & & = & 0 to 1 \\ \hline 1 Year Ago: & & 1 & & = & 0 to 1 \\ \hline \end{tabular} Compute debt and equity ratio for the current year and one year ago. [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: he company's income statements for the current year and one year ago, follow. Debt and equity ratios. -a) Compute debt-to-equity ratio for the current year and one year ago. -b) Based on debt-to-equity ratio, does the company have more or less debt in the current year versus one year ago? -a) Times interest earned. -b) Based on times interest earned, is the company more or less risky for creditors in the Current Year versus 1 Year Ago