The debt to equity ratio is computed as:

1. Total liabilities divided by total stockholders equity.
2. Current liabilities divided by total stockholders equity.
3. Long-term liabilities divided by total stockholders equity.
4. Current liabilities divided by long-term liabilities.

2. The times interest earned ratio is computed as:

1. Income after interest and tax divided by interest expense.
2. Income before interest and tax divided by interest expense.
3. Interest divided by earnings.
4. Interest divided by net income.