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

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Selected financial data for Bahama Bay and Caribbean Key are as follows: Bahama Bay Caribbean Key ($ in millions) 2024 2023 2024 2023 Total assets $9,563 $9,482 $8,763 $8,802 Total liabilities 8,012 7,476 7,453 7,443 Total stockholders' equity 1,551 2,006 1,310 1,359 Sales revenue $5,837 $12,809 Interest expense 189 149 Income tax expense 69 343 Net income 315 348 Required: 1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. 1-b. Which company has the higher ratio? 2-a. Calculate the return on assets for Bahama Bay and Caribbean Key for the most recent year. 2-b. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Bahama Bay and Caribbean Key for the most recent year, 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 281 Req 3A Req 38 Selected financial data for Bahama Bay and Caribbean Key are as follows: Bahama Bay Caribbean Key ($ in millions) 2024 2023 2024 2023 Total assets $9,563 $9,482 $8,763 $8,802 Total liabilities 8,012 7,476 7,453 7,443 Total stockholders' equity 1,551 2,006 1,310 1,359 Sales revenue $5,837 $12,809 Interest expense 189 149 Income tax expense 69 343 Net income 315 348 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 1A Req 18 Req 2A Req 281 Req 3A Req 38