Given the following information, evaluate the solvency of this company:

Total assets $$361,000$

Total liabilities $$120,800$

Net income before interest or taxes $$14,600$

Interest expense $$8,250$

Industry standard debt ratio $($debt to total assets$)=62\%$

Industry standard times interest earned $=2\mathrm{.}8$

Select one:

a$.$ The company is less leveraged than industry standard, but is relatively better positioned to meet its debt payments

b$.$ The company has more assets financed by equity than industry standard, and is in a relatively worse position to pay its borrowing costs

c$.$ The company is more highly leveraged than industry standard, but is relatively better positioned to meet its debt payments $q,$ d$.$ The company is more highly leveraged than industry standard, and in a relatively worse position to pay its borrowing costs

Clear my choice