Houle Plumbing Products Ltd reported the following data in 2018 (in millions) B (Click the icon to view the financial statements.) Compute Houle's leverage ratio debt ratio, and times-interest-earned ratio, and write a sentence to explain what those ratio values mean Use year-end figures in place of averages where needed for the purpose of calculating the ratios Would you be willing to lend Houle $1 million? Why or why not? (Enter all amounts in millions) First, compute Houle's leverage ratio Determine the formula for the leverage ratio Then enter the amounts to calculate the leverage ratio(Round your answer to two decimal places, XXX.) Leverage ratio 0 Data Table - X 2018 $ 29.3 24.5 Net operating revenues Operating expenses Operating income Nonoperating items Interest expense 4.8 Other (1.5) (0.8) Choose from any list or enter any n Net income $ 2.5 6 parts remaining Total assets 180.0 nswer Total stockholders' equity 630