(Financing decisions) Emma's Electronics Incorporated has total assets of $58 million and total debt of $40 million. The company also has operating profits of $26 million with interest expenses of $7 million a. What is Emma's debt ratio? b. What is Emma's times interest earned? c. Based on the information above, would you recommend to Emma's management that the firm is in a strong enough position to assume more debt and increase interest exp to $9 million? a. Emma's debt ratio is L196. (Round to two decimal places ) Enter your answer in the answer box and then click Check Answer Clear All Check Answer remaining