Refer the following table. Focus Metals Inc. comparative Balance Sheet Information November 30 (millions of 3) 2019 Cash Accounts receivable (net) 446 Inventory Plant and equipment (net) 2,930 Accounts payable Long-term notes payable 2,410 Common shares 450 45 Retained earnings 776 298 *90% of the plant and equipment are secured by long-term notes payal Focus Metals Inc. Income Statement for Year Ended November 30 (millions of $ 2019 $ 1,978 $1,390 Net sales cost of goods sold Gross profit Operating expenses: Depreciation expense other exper ses Total operating expenses profit from operations Interest expense Income tax expense Profit 785 652 219 SS SOS Saved Requlred: Calculate Focus Metals solvency ratlos for 2019 and 2020. (Round the flnal answers to 2 decimal ple Ratio Debt ratio 2020 2019 % % Equity ratio Pledged assets to secured liabilities Times interest earned % % :1 :1 times times Analysis Component: Identify whether the change in each ratio from 2019 to 2020 was favourable or unfavourable. Ratio Favourable! Unfavourable Debt ratio Equity ratio Pledged assets to secured liabilities Times interest earned