Evensen Plumbing Products Ltd. reported the following data in 2020 (in millions): (Click the icon to view the financial statements) Compute Evensen's leverage ratio, debt ratio, and times-interest-earned ratio, and write a sentence to explain what those ratio values mean Would you be willing to lend Evensen $1 million? State your reason First, compute Evensen's leverage ratio. Determine the formula for the leverage ratio. Then, complete the formula and calculate the leverage ratio (Enter all amounts in millions. Round your answer to two decimal places, X.XX) Leverage ratio This means that Evensen has $of Now, determine the formula for the debt ratio. Then, complete the formula and calculate the debt ratio (Enter all amounts in millions. Round your answer to two decimal places, X.XX.) Debt ratio in This means that Evenson has Determine the formula for the times-interest-eared ratio. Then, complete the formula and calculate the debt ratio. (Enter all amounts in millions. Round your answer to two decimal places, X.XX.) Time-interest-eared ratio This means that Would you be willing to lend Evensen 51 million? State your reason and the company its existing interest expense V be willing Evenson's debt ratio is to lend Evensen $1 million 11 ans that Evensen Financial statements b. (Enter all amounts Termine the formula . Round your ans 2020 $ 30.9 26.1 eans that Evensen 4.8 Net operating revenues Operating expenses Operating income Non-operating items: Interest expense Other mine the formula for nts in millions. Rou the debt ratio. (Enter all - (0.8) (0.3) 3.7 $ Net income means that 200.0 Total assets 74.0 Total shareholders' equity uld you be willing to lend be willing Print Done onson's debt ratio is lend Evensen $1 million