Assume Total Assets are $72,500, Total Liabilities are $21,200, Interest Expense (from all liabilities) is $450, and Operating Income is $7,100. Commas will automatically populate for numerical answers. Do not include dollar signs. Round your calculated ratio answers to two decimal places. 1.Calculate the Debt Ratio. Do not convert to a percentage, keep in decimal format (e.g. 0.67). 2.Calculate the Times Interest Earned Ratio. Assume the Industry average for the debt ratio is 0.48. This indicates your company has risk than the industry