Mount Sano Inc. is a retailer of snow skiing gear. During Year $2,$ Mount Sano expanded its retail business by adding over $48$ shops. The following information is obtained from the comparative financial statements included in the company's current annual report:

FOR THE FISCAL YEARS ENDED Dec. $31,$ Year $2$ Dec. $31,$ Year $1$

Total liabilities $$27,550,000$ $$20,890,000$

Total stockholders' equity $34,650,00040,410,000$

Line Item Description Dec. $31,$ Year $2$ Dec. $31,$ Year $1$

Depreciation expense $ $1,490,000$ $ $5,160,000$

Interest expense $3,352,0003,266,000$

Income tax expense $12,325,00018,310,000$

Net income $5,970,00015,810,000$

Net cash from operating activities $40,930,000(420,000)$

Total dividends paid $1,975,00011,390,000$

Cash used to purchase plant assets $31,855,00017,550,000$

Payments on long$-$term debt $1,637,0001,833,000$

Required: Using the information provided above, compute the following for both years.

A$.$ Compute the debt$-$to$-$equity ratio $($at each year$-$end$)$ for both years. Round answers to one decimal place.

Year $2$ fill in the blank $1$ of $4$

$0\mathrm{.}8$

Year $1$ fill in the blank $2$ of $4$

$0\mathrm{.}5$

B$.$ Compute the times$-$interest$-$earned ratio for both years. Round answers to two decimal places.

Year $2$ fill in the blank $3$ of $4$

$2\mathrm{.}78$

times

Year $1$ fill in the blank $4$ of $4$

times