Red Snail Satellite Company has a total asset turnover ratio of $8\mathrm{.}00,$ net annual sales of $$25,000,000,$ and operating expenses of $$18,750,000($including depreciation and amortization$).$ On its current balance sheet and income statement, respectively, it reported total debt of $$1,601,562,$ on which it pays $7\%$ interest on its outstanding debt.

To analyze a company's financial leverage situation, you need to measure the firm's debt management ratios.

Based on the preceding information, what are the values for Red Snail Satellite's debt management ratios? $($Note: Round your answers to two decimal places.$)$

Ratio

Value

Debt ratio

Times$-$interest$-$earned ratio

Red Snail Satellite Company raises around from creditors for each dollar of equity.

Influenced by a firm's ability to make interest payments and pay back its debt, if all else is equal, creditors would prefer to give loans to companies with debt ratios.