(Related to Checkpoint 15.1) (Calculating debt ratio) Webb Solutions, Inc. has the following financial structure: a. Compute Webb's debt ratio and interest-bearing debt ratio. b. If the market value of Webb's equity is $2,049,000 and the value of the firm's debt is equal to its book value, assuming excess cash is zero, what is the debt-to-enterprise-value ratio for Webb? c. If you were a bank loan officer who was analyzing whether or not to loan more money to Webb, which of the ratios calculated in parts a and b is most relevant to your analysis? Data table Accounts payable Short-term debt Current liabilities Long-term debt Shareholders' equity Total $514,000 234,000 $748,000 729,000 519,000 $1,996,000 (Click on the icon in order to copy its contents into a spreadsheet.)