The following financial information is excerpted from the 2006 annual report of Retail Products, Inc. Balance Sheet Current assets (in thousands) 2006 2005 5 449, 195 433,049 32, 822 55,072 4.905 12,769 Investments Deferred charges Property, plant, and equipment, net Trademarks and leaseholds Excess of cost over fair market value of net assets acquired Assets held for disposal 350.921 45,031 403, 120 47,004 272.146 276.639 20.242 1.161.251.2272209 Total liabilities Total stockholders' equity 689.535 721.249 471.547 511025 1.161.012 52.237, 903 Income Statement Net sales $ 2,020,526 91,841.738 Cost of goods sold 11,787.126 (2.018,436) Selling and administrative (300,000 1250,000) Interest expense 140X200)_330.000 Net income (loss) $0337.910 2.225..3 1 Required: For each year compute: a. 1 Times interest camned 2 Debt ratio 3 Debt equity ratio 4. Deht to tangible net worth ratio h. Comment on the results c. What does times incest camed ratio of less than 1 to 1? Does it also man that the company cannot mectits interest payments