please answer A) debt ratio

B) debt to equity ratio

and C) times interest earned ratio

Question 6 of 8 View Policies Current Attempt in Progress Carla Vista Medical manufactures hospital beds and other institutional furniture. The com income statement for 2019 and 2020 follow. Assets Current assets Cash Accounts receivable, net Inventory Other current assets Total current assets Property, plant, & equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities Carla Vista Medical Comparative Balance Sheet As of December 31 Long-term debt Total liabilities 2020 $395,000 1,054,000 728,000 381,300 2019 $3,160,000 3,702,600 6,862,600 $417,400 776,500 681,100 247,100 2,558,300 2,122,100 8,662,070 8,439,780 $11,220,370 $10,561,880 $2,846,000 3,892,700 6,738,700 Question 6 of 8 Long-term debt Total liabilities Preferred stock, $5 par value Common stock, $0.25 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 3,702,600 6,862,600 Sales revenue (all on account) Cost of goods sold Gross profit Operating expenses Net operating income Interest expense Net income before taxes Income taxes (30%) Net income 59,000 104,650 4,194,120 4,357,770 $11,220,370 2020 $10,177,300 Carla Vista Medical Comparative Income Statement and Statement of Retained Earnings For the Year 5,613,000 4,564,300 2,840,200 1,724,100 300,400 3,892,700 6,738,700 58,900 1,423,700 427,110 $996,590 103,850 3,660,430 3,823,180 $10,561,880 2019 $9,613,900 5,298,700 4,315,200 2,634,200 1,681,000 308,600 1,372,400 411,720 $960,680 Question 6 of 8 interest Expense Net income before taxes Income taxes (30%) Net income Dividends paid Preferred dividends Common dividends Total dividends paid Net income retained Retained earnings, beginning of year Retained earnings, end of year a. Debt ratio b. Debt-to-equity ratio 300,400 c. Times interest earned ratio 1,423,700 427,110 $996,590 29,550 433,350 462,900 533,690 3,660,430 $4,194,120 000,000 1,372,400 411,720 % $960,680 29,550 413,000 442,550 Calculate the following leverage ratios for 2020. (Round all answers to 2 decimal places, e.g. 2.55% 518,130 3,142,300 $3,660,430 times