The balance sheet and income statement for Joe's Fish Hut are presented below:

Joe's Fish Hut Balance Sheet As at April 30
	2018	2017
ASSETS
Current Assets
Cash	$161,960	$61,200
Accounts receivable	$19,600	$11,500
Inventory	$20,100	$28,900
Total Current Assets	$201,660	$101,600
Property, plant & equipment	$138,000	$175,000
Less: Accumulated depreciation	$-27,900	$-22,700
TOTAL ASSETS	$311,760	$253,900
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable	$28,800	$34,400
Current portion of bank loan	$8,600	$8,600
Total Current Liabilities	$37,400	$43,000
Non-current portion of bank loan	$72,000	$48,000
TOTAL LIABILITIES	$109,400	$91,000
Shareholders' Equity
Common shares	$79,000	$59,300
Retained earnings	$123,360	$103,600
TOTAL SHAREHOLDERS' EQUITY	$202,360	$162,900
TOTAL LIABILITIES AND EQUITY	$311,760	$253,900

Joe's Fish Hut Income Statement For the Year Ended April 30, 2018
Sales	$135,000
COGS	$85,800
Gross Profit	$49,200
Operating Expenses
Insurance Expense	$1,080
Rent Expense	$5,350
Salaries Expense	$4,790
Telephone Expense	$680
Interest Expense	$1,700
Depreciation Expense	$5,200
Total Operating Expenses	$18,800
Operating Profit Before Tax	$30,400
Income Tax Expense	$10,640
Net Profit (Loss)	$19,760

Complete the following ratio analysis.

Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the debt to equity ratio for 2018. Debt to Equity Ratio: Answer b) Calculate the times interest earned ratio for 2018. Times Interest Earned: Answer times c) Calculate the debt to assets ratio for 2018. Debt to Assets Ratio: Answer %