Balance Sheet	(in thousands)
	2019	2018
Current assets	$ 449,195	$ 433,049
Investments	32,822	55,072
Deferred charges	4,905	12,769
Property, plant, and equipment, net	350,921	403,128
Trademarks and leaseholds	45,031	47,004
Excess of cost over fair market value of net
assets acquired	272,146	276,639
Assets held for disposal	6,062	10,247
	$1,161,082	$1,237,908
Total liabilities	$ 689,535	$ 721,149
Total stockholders' equity	471,547	516,759
	$1,161,082	$1,237,908

Income Statement
Net sales	$2,020,526	$1,841,738
Cost of goods sold	(2,018,436)	(1,787,126)
Selling and administrative	(300,000)	(250,000)
Interest expense	(40,000)	(30,000)
Net income (loss)	$ (337,910)	$ (225,388)

Required:

a.	For each year (2019 and 2018) compute
		Times interest earned
		Debt ratio
		Debt/equity ratio
		Debt to tangible net worth ratio