Problem 9-9B (Algo) Calculate and analyze ratios (LO9-8) Selected financial data for Surf City and Paradise Falls are as follows: Required: 1-a. Calculate the debt to equity ratio for Surf City and Paradise Falls for the most recent year. 1-b. Which company has the higher ratio? 2-a. Calculate the return on assets for Surf City and Paradise Falls for the most recent year. 2-b. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Surf City and Paradise Falls for the most recent year. 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Calculate the debt to equity ratio for Surf City and Paradise Falls for the most recent year. (Enter your answers in (i.e., $5,500,000 should be entered as 5.5).) 1-b. Which company has the higher ratio? 2-a. Calculate the return on assets for Surf City and Paradise Falls for the most recent year. 2-b. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Surf City and Paradise Falls for the most recent year. 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Calculate the debt to equity ratio for Surf City and Paradise Falls for the most recent year. (Enter your answe (i.e., $5,500,000 should be entered as 5.5).) 1-a. Calculate the debt to equity ratio for Surf City and Paradise Falls for the most recent year. 1-b. Which company has the higher ratio? 2-a. Calculate the return on assets for Surf City and Paradise Falls for the most recent year. 2-b. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Surf City and Paradise Falls for the most recent ye 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Which company has the higher ratio? Required: 1-a. Calculate the debt to equity ratio for Surf City and Paradise Falls for the most recent year. 1-b. Which company has the higher ratio? 2-a. Calculate the return on assets for Surf City and Paradise Falls for the most recent year. 2-b. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Surf City and Paradise Falls for the most recent year. 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Calculate the return on assets for Surf Clty and Paradise Falls for the most recent year. (Enter your answers in $5,500,000 should be entered as 5.5 ), rounded to 1 decimal place.) 3-b. Which come times interest earned ratio for Surf City and Paradise Falls for the most recent year. 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Surf City and Paradise Falls for the most recent year. 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Calculate the times interest earned ratio for Surf City and Paradise Falls for the most recent year. (Enter your millions (i.e., $5,500,000 should be entered as 5.5).) 2-b. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Surf City and Paradise Falls for the most recent year. 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Which company is better able to meet interest payments as they become due? Which company is better able to meet interest payments as they become due