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Mai Solvency Ratios Total assets 530,000 140,000 Cost of goods sold 125,000 40,000 85,000 10,000 75,000 5,000 50,000 Operating expenses Required: Compute the following ratios:

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Mai Solvency Ratios Total assets 530,000 140,000 Cost of goods sold 125,000 40,000 85,000 10,000 75,000 5,000 50,000 Operating expenses Required: Compute the following ratios: debt to assets, debt to equity, and times interest earned. Round your answers to two decimal places. Debt to assets ratio Debt to equity ratio Times interest earned Does the company rely more on equity or debt to finance its operations

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