Gross margin\ Selling and administrative expenses:\ Selling expenses\ Administrative expenses\ Total selling and administrative expenses\ Net operating income\ Interest expense\ Net income before taxes\ Income taxes\ Net income\ Dividends to preferred stockholders\ Net income remaining for common stockholders\ Dividends to common stockholders\ Net income added to retained earnings\ Retained earnings, beginning of year\ Retained earnings, end of year\ Required:\ Compute the following financial ratios for long-term creditors for this year:\ Times interest earned ratio. (Round your answer to 1 decimal place.)\ \\\\table[[Times interest earned ratio]]\ Debt-to-equity ratio. (Round your answer to 2 decimal places.)\ Debt-to-equity ratio

Required: Compute the following financial ratios for long-term creditors for this year: 1. Times interest earned ratio. (Round your answer to 1 decimal place.) 2. Debt-to-equity ratio. (Round your answer to 2 decimal places.) Required: Compute the following financial ratios for long-term creditors for this year: 1. Times interest earned ratio. (Round your answer to 1 decimal place.) 2. Debt-to-equity ratio. (Round your answer to 2 decimal places.)