Intro Use the following information to answer the questions: Assets Cash 11,000 Marketable securities 2,000 Accounts receivable Inventory Current assets Machines Real estate Net fixed assets Total assets Line item Sales - Costs 3,000 Current liabilities 38,000 Long-term debt 54,000 34,000 80,000 114,000 168,000 - Liabilities and Equity Accounts payable Notes payable Depreciation Value 80,000 65,600 2,000 = EBIT 12,400 - Interest 800 = = Taxable income 11,600 - Taxes 3,828 7,772 Net income 16,000 6,000 22,000 95,000 Total liabilities 117,000 Paid-in capital 20,000 Retained earnings 31,000 Equity 51,000 Total liab. & equity 168,000 Part 1 What is the total debt ratio (including all liabilities)? 2+ decimals Submit Part 2 What is the times-interest-earned ratio? 1+ decimals Submit Attemp Attempt Intro Epson expects the following financial data during the coming year: Assets: $120,000 Total debt ratio = Debt/Assets (book values): 60% EBIT: $41,000 . Interest rate: 6% Tax rate: 34% Part 1 What is the firm's expected ROE? 2+ decimals Submit BAttempt 1/1C