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 bonds, which were sold at their face value, was 10%. The income tax rate was 40% and the dividend per share of common stock was $0.40 this year. The market value of the companys common stock at the end of the year was $26. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,220		$	1,280
Accounts receivable, net		10,700			7,900
Inventory		13,100			12,200
Prepaid expenses		710			590
Total current assets		25,730			21,970
Property and equipment:
Land		9,700			9,700
Buildings and equipment, net		40,902			37,206
Total property and equipment		50,602			46,906
Total assets	$	76,332		$	68,876
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	18,900		$	17,800
Accrued liabilities		930			780
Notes payable, short term		0			220
Total current liabilities		19,830			18,800
Long-term liabilities:
Bonds payable		9,900			9,900
Total liabilities		29,730			28,700
Stockholders' equity:
Common stock		2,000			2,000
Additional paid-in capital		4,000			4,000
Total paid-in capital		6,000			6,000
Retained earnings		40,602			34,176
Total stockholders' equity		46,602			40,176
Total liabilities and stockholders' equity	$	76,332		$	68,876

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	72,000		$	65,000
Cost of goods sold		42,000			42,000
Gross margin		30,000			23,000
Selling and administrative expenses:
Selling expenses		10,600			10,200
Administrative expenses		7,300			6,000
Total selling and administrative expenses		17,900			16,200
Net operating income		12,100			6,800
Interest expense		990			990
Net income before taxes		11,110			5,810
Income taxes		4,444			2,324
Net income		6,666			3,486
Dividends to common stockholders		240			450
Net income added to retained earnings		6,426			3,036
Beginning retained earnings		34,176			31,140
Ending retained earnings	$	40,602		$	34,176

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 please.)