Part A AliBaba Sdn Bhd's income statement and other financial information is presented below. AliBaba Sdn Bhd Income Statement for the year ended 31 December 2016 Sales revenue Cost of goods sold Gross proft Selling, general and administrative expenses Operating income Interest expense Income before taxes Income tax expense Net income RM 159,131 64,360 94,771 11,385 83,386 2,847 80,539 3,414 77,125 tof Fimancial Position information tat Current liabilities Long-term debt Current assets Non-curent assets 50,000 100,000 250,000 500,000 Required: a) Calculate the debt to assets ratio. (Round to two decimal places) b) Calculate the times interest earned ratio. (Round to two decimal places) c) Evaluate the company's solvency based on the two ratios calculated. (6 marks) Continued... 5 of 6