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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

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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 $075 last year and $040 this year. The market value of the company's common stock at the end of this year was $22. All of the company's sales are on account Required: Compute the following financial ratios for this year. 1. Times interest earned ratio. 2. Debt-1o-equity ratio 3. Equity multiplier. (For all requirements, round your answers to 2 decimal ploces.)

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