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The following selected information (in thousands) is available for Dynatech Limited: 2021 2020 Total assets $3,861 $3,700 Total liabilities 2,159 1,948 Interest expense 16 27

The following selected information (in thousands) is available for Dynatech Limited:

2021 2020
Total assets $3,861 $3,700
Total liabilities 2,159 1,948
Interest expense 16 27
Income tax expense 176 150
Net income 403 373
Cash provided by operating activities 848 574
Net capital expenditures 401 299
Dividends paid on common shares 109 90

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(a) I Your answer is partially correct. Calculate all possible solvency ratios for 2021 and 2020. (Round answers to 1 decimal place e.g. 6.2. Enter free cash flow amounts in thousands.) 2021 2020 Debt to total assets 56 % 52 % Free cash flow $ 338 185 Times interest earned 37.1 times 20.3 times

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