Problem 13 Intro Use the following information to answer the questions: Assets Cash Liabilities and Equity 12,000 Accounts payable 21,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 7,000 Current liabilities 27,000 Inventory 29,000 Long-term debt 95,000 Current assets 50,000 Total liabilities 122,000 Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 22,000 Net fixed assets 114,000 Equity 42,000 Total assets 164,000 Total liab. & equity 164,000 Line item Value Sales 78,000 - Costs 63,960 - Depreciation 2,000 = EBIT 12,040 - Interest 800 = Taxable income 11,240 - Taxes 3,709 = Net income 7,531 = Taxable income 11,240 - Taxes 3,709 = Net income 7,531 Part 1 What is the total debt ratio (including all liabilities)? 2+ decimals Submit Part 2 What is the times-interest-earned ratio? 1+ decimals Submit Attempt 1/10 for 10 pts. Attempt 1/10 for 10 pts.