Ratios Analyzing Long-Term Firm Solvency The following information is available for Banner Company: Annual Data 2019 2018 Interest expense $85,000 $82,000 203,500 185,000 Income tax expense Net income 496,500 425,000 Capital expenditures 320,000 380,000 Cash provided by operating activities 450,000 390,000 Year-End Data Dec. 31, 2019 Dec. 31, 2018 Total liabilities $2,400,000 $1,900,000 Total stockholders equity 4,200,000 3,800,000 Calculate the following: Note: Round all answers to two decimal places. a. 2019 debt-to-equity ratio. b. 2019 times-interest-earned ratio. 0 c. 2019 operating-cash-flow-to-capital-expenditures ratio. 0