Country Supply had the following balances as of December 31, 2016:

Total Current Assets ............................................ $ 181,000

Total Long-Term Assets .......................................... 387,000

Total Current Liabilities ........................................... 128,000

Total Long-Term Liabilities ....................................... 180,000

Total Stockholders' Equity ....................................... 260,000

Earnings Before Interest and Taxes ............................... 94,600

Interest Expense .................................................... 24,700

Income Tax Expense ............................................... 11,300

Net Income ........................................................... 58,600

Requirements

1. Calculate Country Supply's debt ratio as of December 31, 2016.

2. Calculate Country Supply's interest coverage ratio for 2016. Round your answer to two decimal places?