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(Financing decisions) Emma's Electronics incorporated has total assots of $66 milion and total debt of $12 million. The company also has operating profits of $49

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(Financing decisions) Emma's Electronics incorporated has total assots of $66 milion and total debt of $12 million. The company also has operating profits of $49 milion with interest expenses of $4 million. a. What is Emma's dobt ratio? b. What is Emma's times interest enmed? c. Basod 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 $8 milion? a. Emma's debt ratio is \%. (Round to two decimal places.)

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