."A company's calendar-year financial data are shown below. The company had total assets of $339,000 and total equity of $144,400 for the prior year. No additional shares of common stock were issued during the year. The December 31 market price per share is $49.50. Cash dividends of $19,500 were paid during the year. Calculate the following ratios for the company:"

(a) debt ratio

(b) equity ratio

(c) debt-to-equity ratio

(d) times interest earned

(e) total asset turnover

Net sales

$650,000

Cost of goods sold

422,500

Gross profit

$227,500

Operating expenses

140,500

Operating income

$87,000

Interest expense

9,100

Income before taxes

$77,900

Income taxes

23,400

Net income

$54,500

Ending

Balances

Cash

$19,500

Accounts receivable (net)

65,000

Inventory

71,500

Plant assets (net)

195,000

Total assets

$351,000

Current liabilities

$74,100

Long-term notes payable

97,500

Common stock, $5 par value

65,000

Retained earnings

114,400

Total liabilities and equity

$351,000