Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 600,000 shares of common stock were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company's common stock at the end of this year was $23. All of the company's sales are on account. This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets \begin{tabular}{rr} $1,140 & $1,370 \\ 10,000 & 7,700 \\ 13,700 & 12,500 \\ 710 & 630 \\ \hline 25,550 & 22,200 \\ \hline 9,100 & 9,100 \\ 41,404 & 40,392 \\ \hline 50,504 & 49,492 \\ \hline$76,054 & $71,692 \\ \hline \end{tabular} Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities \begin{tabular}{rr} $18,900 & $19,100 \\ 1,040 & 846 \\ 0 & 270 \\ \hline 19,940 & 20,210 \end{tabular} Long-term liabilities: Bonds payable Total liabilities \begin{tabular}{rr} 8,800 & 8,800 \\ \hline 28,740 & 29,010 \\ \hline \end{tabular} Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Required: Compute the following financial ratios for this year: 1. Times interest earned ratio. 2. Debt-to-equity ratio. 3. Equity multiplier. (For all requirements, round your answers to 2 decimal places.)