Comparative financial statements for Weller Corporation, a merchandising company, for appear below. The company did not issue any new common stock during the year. A to stock were outstanding. The interest rate on the bond payable was $10\%,$ the income tax share of common stock was $$0\mathrm{.}75$ last year and $$0\mathrm{.}40$ this year. The market value of the end of this year was $$28.$ All of the company's sales are on account.

$\backslash$table$[[\backslash$table$[[$Weller Corporation$],[$Comparative Balance Sheet$],[($dollars in thousands$)]]],[$Assets$],[$Current assets:$],[$Cash$,$$$1,100],[$Accounts receivable, net,$10,000],[$Inventory$,13,000],[$Prepaid expenses,$630],[$Total current assets,$24,730],[$Property and equipment:$],[$Land$,10,600],[$Buildings and equipment, net,$48,684],[$Total property and equipment,$59,284],[$Total assets,$$84,014],[$Liabilities and Stockholders' Equity$],[$Accounts payable,$$19,200],[$Accrued liabilities,$1,080],[$Notes payable, short term,$0],[$Total current liabilities,$20,280],[$Long$-$term liabilities:$],[$Bonds payable,$9,800],[$Total liabilities,$30,080],[$Stockholders$\text{'}$ equity:$],[$Common stock,$2,000],[$Additional paid$-$in capital,$4,000],[$Total paid$-$in capital,$6,000],[$Retained earnings,$47,934],[$Total stockholders' equity,$53,934],[$Total liabilities and stockholders' equity,$$84,014],[\backslash$table$[[$Weller Corporation$],[$Comparative Income Statement and Reconciliation$],[($dollars in thousands$)]]],[,$is Year$],[$Sales$,71,000],[$Cost of goods sold,$38,000],[$Gross margin,$33,000],[$Selling and administrative expenses:$],[$Selling expenses,$11,400],[$Administrative expenses,$7,100],[$Total selling and administrative expenses,$18,500],[$Net operating income,$14,500],[$Interest expense,$980],[$Net income before taxes,$13,520],[$Income taxes,$5,408],[$Net income,$8,112],[$Dividends to common stockholders,$240],[$Net income added to retained earnings,$7,872],[$Beginning retained earnings,$40,062],[$Ending retained earnings,$47,934]]$

Required:

Compute the following financial ratios for this year:

Times interest earned ratio.

Debt$-$to$-$equity ratio.

Equity multiplier.

$($For all requirements, round your answers to $2$ decimal places.$)$

Answer is complete but not entirely correct.

$\begin{array}{cc}1.\text{T}\text{i}\text{m}\text{e}\text{s}\text{i}\text{n}\text{t}\text{e}\text{r}\text{e}\text{s}\text{t}\text{e}\text{a}\text{r}\text{n}\text{e}\text{d}\text{r}\text{a}\text{t}\text{i}\text{o}& 13\mathrm{.}80ox\\ 2.\text{D}\text{e}\text{b}\text{t}-to-\text{e}\text{q}\text{u}\text{i}\text{t}\text{y}\text{r}\text{a}\text{t}\text{i}\text{o}& 0\mathrm{.}56*\\ 3.\text{E}\text{q}\text{u}\text{i}\text{t}\text{y}\text{m}\text{u}\text{l}\text{t}\text{i}\text{p}\text{l}\text{i}\text{e}\text{r}& 1\mathrm{.}60\end{array}$