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Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) Bahama Bay 2024 Caribbean Key 2023 2024 2023 Total assets

Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) Bahama Bay 2024 Caribbean Key 2023 2024 2023 Total assets $9,763 $9,682 $8,963 $9,002 Total liabilities 8,112 7,576 7,553 7,543 Total stockholders' equity 1,651 2,106 Sales revenue $5,937 1,410 $12,909 1,459 Interest expense 219 169 Income tax expense 79 353 Net income 335 368 Required: 1-8. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year 1-b. Which company has the higher ratio? 2-a. Calculate the return on assets for Bahama Bay and Caribbean Key for the most recent year 2-b. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Bahama Bay and Caribbean Key for the most recent year 3-b. Which company is better able to meet interest payments as they become due

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