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Brief Exercise 9-18 Calculate ratios (LO9-8) Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions): Surf's

Brief Exercise 9-18 Calculate ratios (LO9-8)

Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions):

Surf's Up Selected balance sheet data
2018 2017
Total assets $743 $734
Total liabilities 620 522
Total stockholders equity 123 212

Surf's Up Selected income statement data
2018
Sales revenue $811
Interest expense 19
Tax expense 36
Net income 58

Q: with the information provided above, what is:

1-What is the "debit to equity ratio"?

2- and what is the return on assets ratio?

3- times earned intreset ratio?

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