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

Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) Bahama Bay Caribbean Key 2024 2023 2024 2023 Total assets $9,663 $9,582 $8,863 $8,902 Total liabilities 8,062 7,526 7,503 7,493 Total stockholders equity 1,601 2,056 1,360 1,409 Sales revenue $5,887 $12,859 Interest expense 204 159 Income tax expense 74 348 Net income 325 358 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

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