Are my ratios correct? And I dont know what the answers are to e. and f.

Question P1 (7 Points) The relationship between financial leverage and profitability. Pelican Timberland Forest, Inc. are rivals in the manufacture of craft papers. Some statement values for each company follow. Use them in a ratio analysis that com firms' financial leverage and profitability. ge and profitability. Pelican Paper, Inc. and nanufacture of craft papers. Some financial a ratio analysis that compares the Show all work on separate paper and hand in with your exam. Item Total Assets Total equity (all common) Total Debt Annual Interest Total Sales EBIT Earnings available for common stockholders Pelican Paper 11.400,000 9,600,000 1,800,000 180,000 24,000,000 6,000,000 Timberland Forest 11,400,000 5,700,000 5,700,000 570,000 24,000,000 6,000,000 3,000,000 2,610,000 a. Fill out the Grid below, show all work Pelican Paper 1.800.000 11,400,00 Item Debt Ratios: Debt Ratio Times Interest Earned Ratio Timberland Forest ST.00 11.400, 50 GPS 38.93 3.000.000 1.400,00 GOD.00 ,25% 257 Ratios: Operating Profit Net Profit 12% 3,000,oo 24.000, 262 23% ROA 312 3.0 DO. 4.600,00 ROE Based on the information above, answer the following questions e. I earnings are very violate which company's debt approach makes the most sense why? banf you also know that management's bonuses were f. Would your answer to e above change ify contingent on exceeding an ROE of 40%, why