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

$($$ in millions$)$ Bahama Bay Caribbean Key

$2024202320242023$

Total assets $$8,861$ $$9,560$ $$7,640$ $$7,507$

Total liabilities $5,7246,6062,8192,689$

Total stockholders$$ equity $3,1372,9544,8214,818$

Sales revenue $$6,321$ $$3,949$

Interest expense $17070$

Income tax expense $1488$

Net income $56288$

Required:

$1-$a$.$ 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?Selected financial data for Bahama Bay and Caribbean Key are as follows:

Required:

$1-$a$.$ 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?

Complete this question by entering your answers in the tabs below.

Req $1$ A

Req $1$ B

Req $2$ A

Req $2$B

Req $3A$

Req $3$B

Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. $($Enter your answer in millions

$(1.$e$.,$ $$5,500,000$ should be entered as $5\mathrm{.}5).)$