eBook Show Me How Ratio Analysis Rising Stars Academy provided the following information on its 2019 Balance Sheet and Statement of Cash Flows: Long-term debt $ 4,400 Interest expense $ 398 Total liabilities 9,092 Net income 559 Total assets 38,775 432 Total equity Interest payments Cash flows from operations 29,803 1,015 Operating income 1,223 Income tax expenses 266 Income taxes paid 150 Required: Calculate the following ratios for Rising Stars Academy. Round your answers to three decimal places. a. Debt to equity 0.305 b. Debt to total assets 0.234 C. Long-term debt to equity 0.148 d. Times interest earned (accrual basis) 2.550 X e. Times interest earned (cash basis) 2.350 X