2021 Western World has the following selected data ($ in millions): 2020 Balance sheet data Total assets $3,500 $2,150 Total liabilities 1,750 1,450 Total stockholders' equity 1,750 700 Income statement data Sales $ 760 Interest expense 50 Tax expense 28 Net income 95 Based on these amounts, calculate the following ratios for Western World in 2021 (Round your answers to 2 decimal places.) 1. Debt to equity ratio 2. Return on assets ratio 3. Times interest earned ratio % times Selected financial data for these two close competitors in the home building industry are provided below: ($ in millions) Company A Company B Total assets $40,950 $33,060 Total liabilities 21,410 14,000 Total stockholders' equity 19,540 19,060 Sales $66,171 $47,240 Interest expense 710 310 Tax expense 1,440 1,010 Net income 2,650 1,780 1-a. Calculate the debt to equity ratio for Company A and Company B. (Round your answers to 2 decimal places.) Debt to Equity Ratio Company A Company B 1-b. Which company has the higher ratio? Company A Company B 2-a. Calculate the times interest earned ratio for Company A and Company B. (Round your answers to 1 decimal place.) Time Interest Earned Ratio Company A Company B times times