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Sunland Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Other current assets
Sunland Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Other current assets Total current assets \begin{tabular}{rr} 2,579,400381,400 & 2,122,100247,100 \\ $11,239,1408,659,740 & $10,539,815 \\ \hline \end{tabular} Liabilities and Stockholders' Equity Current liabilities Long-term debt Totalliabilities Preferred stock, $5 par value Common stock, $0.25 par value Retained earnings Sunland Medical Comparative Income Statement and Statement of Retained Earnings For the Year Dividends paid Preferred dividends 29,55029,450 Calculate the following leverage ratios for 2020 . (Round all answers to 2 decimal places, es. 2.55\% or 2.55.) Calculate the following leverage ratios for 2020 . (Round all answers to 2 decimal places, eg. 2.55\% or 2.55.) a. Debtratio % b. Debt-to-equity ratio times c. Times interest earned ratio
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