Question 5 (1 point) Which of the following statements about the debt to total assets ratio is true? 1) It is used to evaluate a company's solvency and long-term debt-paying ability. 2) It is calculated by dividing market price per share by basic earnings per share. 3) It is used to evaluate a company's liquidity and short-term debt-paying ability. 4) It is calculated by dividing gross profit by net sales