The balance sheet for Shaver Corporation reported the following: cash, $15,000, short-term investments, $20,000; net accounts receivable, $55,000; Inventories, $60,000; prepaids, $20,000, equipment, $123,000; current liabilities, $60,000; notes payable (long- term), $90,000; total stockholders' equity, $143,000, net income, $5,320, interest expense, $8,400; income before income taxes, $11,280. 1.Compute Shaver's debt-to-assets ratio and times interest earned ratio. (Round your answers to 2 decimal places.) Ratio Debt-to-Assets Times Interest Eamed 2-a. Based on these ratios, does it appear Shaver relies mainly on debt or equity to finance its assets? Debt Equity 2-h. Is it nrnhahle that Shaver will he ahle to meet its future interest nhlinations? 5 of 6 Next >