AsAp

Rlyers Inc. has the following selected information for its years ended June 30: Gross sales Gross profit Interest expense Income taxes (at 28%) Net earnings 20x3 20x2 20x1 $570,600 $656,900 $599,900 $360,300 $423,750 $390, 600 $ 69,800 $ 81,300 $ 87,200 $ 58,500 $ 48,100 $ 38,300 $217,600 $161,300 $129,600 Total assets Long-term debt Shareholders' equity 20x3 20x2 28x1 $1,783,680 $1,600,000 $1,501, 380 $ 865,200 $ 909,600 $1,112,688 $ 680,600 $ 358,200 $ 284,900 Required: a. Calculate the times-interest-earned and the long-term debt-to-total capitalization ratios for 20X1. 20X2, and 20X3. (Use 365 day a year. Do not round your intermediate calculations and round your final answers for the "Times interest earned" to 1 decimal place and "Long-term debt to total capitalization" 2 decimal places.) Long-term debt-to-total capitalization 20X3 20X2 20X1 Times interest carned times times times b. Not available in connect