Ratios Analyzing Long-Term Firm Solvency The following information is available for Antler Company:

Annual Data	2013	2012
Interest expense	$98,000	$82,000
Income tax expense	213,500	185,000
Net income	506,500	395,000
Capital expenditures	330,000	400,000
Cash provided by operating activities	435,000	390,000

Year-End Data	Dec. 31, 2013	Dec. 31, 2012
Total liabilities	$2,200,000	$1,900,000
Total stockholders' equity	4,000,000	3,600,000

Calculate the following: (Round to two decimal points.) a. 2013 debt-to-equity ratio. Answer b. 2013 times-interest-earned ratio. Answer c. 2013 operating-cash-flow-to-capital-expenditures ratio.