Refer the following table. Focus Metals Inc. Comparative Balance Sheet Information November 30 (millions of $) 2020 2019 Cash $ 17 $ 87 Accounts receivable (net) 390 236 Inventory 55 Plant and equipment (net) 2,566 2,650 Accounts payable 267 183 Long-term notes payable 1, 710 2,270 Common shares 310 310 Retained earnings 748 265 62 *90% of the plant and equipment are secured by long-term notes payable. Focus Metals Ina. Income Statement For Year Ended November 30 (millions of >> 2020 2019 Net sales $2,610 $1,812 Cost of goods sold 912 702 Gross profit $1,698 $1,110 Operating expenses : Depreciation expense 90 S 90 Other expenses 715 582 Total operating expenses 805 672 Profit from operations S B93 $ 438 Interest expense 115 149 Income tax expense 45 49 Profit S 733 S 240 Required: Calculate Focus Metals solvency ratios for 2019 and 2020. (Round the final answers to 2 decimal places.) 2020 2010 Ratio Detrato Equity ratio Predged assets to secured liabilities Times internet comed % 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 comed