Analysis of debt ratios Financial Information from fiscal year 2016 for two companies competing in the cosmetics industry - The Estee Lauder Company and e.lt Beauty Inc.-appears in the table below. All dollar values are in thousands Estee Lauder 1.1. Beauty Total assets $9,223,500 $414,729 Total liabilities 5.635,900 274,067 EBIT 1,625,800 26.295 Interest expenso 70,700 16.283 . e: 0 1-24 a. Calculate the debt ratio and the times interest earned ratio for each company. In what way are these companies similar in terms of their debt usage, and in what way are they very different? b. Calculate the ratio of interest exponse to total liabilities for each company. Conceptually, what do you think this ratio is trying to measuro? Why are the values of this ratio dramatically different for these two firma? Suggest some reasons a. The debt ratio for Estee Lauder is 011 (Round to throe decimal places.) The debt ratio for ell Beauty is 661. (Round to three decimal places) The times interest oamed ratio for Estee Lauder is (Round to three decimal places)