Long-Term Liabilities Calculate the leverage ratio, debt ratio, and times-interest-earned ratio, and evaluate debt-paying ability Examine the following selected financial information for The Deal Corporation and Simple Stores, Inc., as of the end of their fiscal years ending in 2018: The Deal Corporation Simple Stores, Inc (In millions) 1. Total assets 2. Total common stockholders' equity$ 3. Operating income 4. Interest expense 5. Leverage ratio 6. Total debt 7. Debt ratio 8. Times interest earned 16,870$ 3,080 $ 1,400 $ 87 $ 203,130 71,310 26,930 2,050 Use the blue shaded areas on the ENTERANSWERS tab for inputs Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you wil be marked wrong Requirement Complete the table, calculating all the requested information for the two companies Use year-end figures in place of averages where needed for the purpose of calculating the ratios Calculate the debt ratio as a decimal a. b. Complete the table, calculating all the requested information for the two companies (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong.) The Dea Simple Stores, Inc. Corporation 5. Leverage ratio 6. Total debt 7. Debt ratio 8. Times interest earned