Southwestern Industries has the following selected data ($ in millions): 2024 2023 Balance sheet data Total assets $2,800 $2,000 Total liabilities 1,900 1,500 Total stockholders' equity 900 500 Sales Income statement data Interest expense. $700 60 Income tax expense 38 80 Net income Required: Based on these amounts, calculate the following ratios for Southwestern Industries in 2024: (Round your answers to 2 decimal places.) 1. Debt to equity ratio 2 Return on assets ratio % 3. Times interest earned ratio times