Sarasota Company manufactures backpacks. During $2027,$ Sarasota issued bonds at $10\%$ interest and used the cash proceeds to

purchase treasury stock. The following financial information is available for Sarasota Company for the years $2027$ and $2026.$

$($a$)$ Use the information above to calculate the following ratios for both years: $($Round answers to $1$ decimal place, e$.$g$.12\mathrm{.}5$ or

$12\mathrm{.}5\%.)$

$(1)$ Return on assets

$\%$

$\%$

$(2)$ Return on common stockholders' equity

$\%$

$\%$

$(3)$ Payout ratio

$\%$

$\%$

$(4)$ Debt to assets ratio

$\%$

$\%$

$(5)$ Times interest earned

times

times