Cash Accounts receivable Inventory_ Net fixed assets Total assets Balance Sheet $ 2,300 Accounts payable 4,600 Long-term debt 11,800 Common stock 44 700 Retained earnings $63.400 Total liab. & equity $ 4,200 26.500 20,000 12,700 $63.400 Income Statement Sales Cost of goods sold Depreciation Interest Taxes Net income $71,500 52,900 5,400 500 4,300 $ 8.400 Select the best answer. All answers are rounded. 1. What is the debt-equity ratio? a. 0.42 b. 0.57 c. 0.81 d. 0.94 How many days on average does it take the firm to sell its inventory? a. 4.48 days b. 5.57 days c. 65.53 days d. 81.42 days What is the times interest earned ratio? a. 16.8 b. 21.9 c. 26.4 d. 29.7