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Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) Bahama Bay Caribbean Key 2018 2017 2018 2017 Total assets

Selected financial data for Bahama Bay and Caribbean Key are as follows:

($ in millions) Bahama Bay Caribbean Key

2018 2017 2018 2017
Total assets $ 9,503 $ 9,422 $ 8,703 $ 8,742
Total liabilities 7,982 7,446 7,423 7,413
Total stockholders equity 1,521 1,976 1,280 1,329
Sales revenue $ 5,807 $ 12,779
Interest expense 180 143
Tax expense 66 340
Net income 309 342

1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. (Do not round intermediate calculations. Round ratios answers to 1 decimal place. Enter dollar answer in millions. (i.e., $5,500,000 should be entered as 5.5).)

1-b. Which company has the higher ratio?

2-a. Calculate the return on assets for Bahama Bay and Caribbean Key. (Do not round intermediate calculations. Round ratios answers to 1 decimal place. Enter dollar answer in millions. (i.e., $5,500,000 should be entered as 5.5).)

2-b. Which company appears more profitable?

3-a. Calculate the times interest earned ratio for Bahama Bay and Caribbean Key. (Do not round intermediate calculations. Round ratios answers to 1 decimal place. Enter dollar answer in millions. (i.e., $5,500,000 should be entered as 5.5).)

3-b. Which company is better able to meet interest payments as they become due?

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