Consider the following information:

Gil's Fish and Tackle, Inc. Balance Sheet At December 31, 2018
Assets
Cash	$	24,000
Accounts Receivable (less allowance)		175,700
Inventories		113,300
Property, Plant and Equipment		172,800
Long-term Investments		100,000
Total Assets	$	585,800
Liabilities
Accounts Payable	$	52,700
Current Portion of Long-Term Debt		73,700
Long-Term Notes Payable		117,000
Total Liabilities		243,400
Stockholders' Equity
Contributed Capital		240,000
Retained Earnings		102,400
Total Stockholders Equity		342,400
Total Liabilities and Stockholders Equity	$	585,800

Gil's Fish and Tackle, Inc. Income Statement For the year ending December 31, 2018
Sales Revenue	$	2,975,000
Operating Expenses
Salaries and Wages Expense		1,913,500
Operating and Admin. Expenses		307,700
Depreciation Expense		358,500
Operating Expenses		2,579,700
Operating Income		395,300
Other Expenses
Interest Expense		17,550
Income Before Income Tax Expense		377,750
Income Tax Expense		139,768
Net Income	$	237,982

Required:

Calculate the debt-to-assets ratio and the times interest earned. (Round your answers to 2 decimal places.)