Problem $2-10$

In $2020,$ Natural Selection, a nationwide computer dating service, had $$512$ million of assets and $$206$ million of liabilities. Earnings before interest and taxes were $$126$ million, interest expense was $$28\mathrm{.}5$ million, the tax rate was $40$ percent, principal repayment requirements were $$24\mathrm{.}6$ million, and annual dividends were $30$ cents per share on $21$ million shares outstanding.

a$.$ Calculate the following for Natural Selection:

Note: Round your answers to $2$ decimal places.

$\backslash$table$[[$Answer is complete and correct.,$],[$Liabilities$-$to$-$equity ratio,$0\mathrm{.}67],[$Times$-$interest$-$earned ratio,$4\mathrm{.}420],[$Times burden covered,$1\mathrm{.}810]]$

b$.$ What percentage decline in earnings before interest and taxes could Natural Selection have sustained before failing to cover:

Note: Round your answers to $1$ decimal place.

Answer is complete but not entirely correct.

$\backslash$table$[[$Interest payment requirements?,$77\mathrm{.}4,\%$