Paddy's Pub reported the following year$-$end data:

Income before interest expense and income tax expense Cost of goods sold

Interest expense

Total assets

Total liabilities

Total equity

$$56,000$

$30,000$

$2,800$

$94,500$

$31,500$

$63,000$

Compute the

$($a$)$ debt$-$to$-$equity ratio and

$($b$)$ times interest earned.

Complete this question by entering your answers in the tabs below.

Debt To Equity

Times Interest

Ratio

Earned

Compute the debt$-$to$-$equity ratio.

$\backslash$table$[[$Numerator:$,1,$Debt$-$To$-$Equity Ratio$],[$Denominator:$,=,$Debt$-$To$-$Equity Ratio,,$],[,1,,=,$Debt$-$to$-$equity ratio$],[,1,,=,]]$

Dent To Equity Ratio