Following is the statement of financial position for Kowalski Company in Warsaw, Poland, as of December 31, 2019 (currency in Polish zaty [z-wo-tee], z):

Non-current assets z 242,000

Current assets 105,000

________

Total assets z 347,000

Equity z 107,000

Non-current liabilities 160,000

Current liabilities 80,000

Total equity and liabilities z 347,00

In addition, Kowalski reported net income for 2019 of z 140,000, income tax expense of z 28,000, and interest expense of z 9,000.

Instructions:

1. Compute the debt ratio for Kowalski for 2019.
2. Compute the times' interest earned for Kowalski for 2019.