(Financing decisions) Emma's Electronics Incorporated has total assets of $62 million and total debt of $17 million. The company also has operating profits of $54 million with interest expenses of $5 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 expense to $7 million? a. Emma's debt ratio is _____%. (Round to two decimal places.)