Ratios Analyzing Long-Term Firm Solvency The following information is available for Rae Company:

Calculate the following:

a. 2019 debt-to-equity ratio

b. 2019 times-interest-earned ratio

c. 2019 operating-cash-flow-to-capital-expenditures ratio

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Annual Data Interest expense.. Income tax expense. Net income...... Capital expenditures... Cash provided by operating activities.. 2019 2018 $170,000 $166,000 126,000 117,000 310,000 275,000 435,000 350,000 247,000 220,000 Dec. 31, 2019 Dec. 31, 2018 Year-End Data Total liabilities.. Total stockholders' equity. $3,400,000 2,200,000 $2,900,000 2,000,000