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Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) Total assets Total liabilities Total stockholders' equity Bahama Bay Caribbean
Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) Total assets Total liabilities Total stockholders' equity Bahama Bay Caribbean Key 2021 2020 2021 2020 $ 9,803 $ 9,722 $ 9,003 $ 9,042 8,132 7,596 7,573 7,563 1,671 2,126 1,430 1,479 Sales revenue Interest expense Tax expense Net income $ 5,957 225 81 339 $ 12,929 173 355 372 Required: 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 your answer in millions. (i.e., $5,500,000 should be entered as 5.5).) 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 your answer in millions. (i.e., $5,500,000 should be entered as 5.5).) 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 your answer in millions. (i.e., $5,500,000 should be entered as 5.5).)
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