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The following selected information (in thousands) is available for Osborne Inc: 2020 $3,708 1,959 Total assets Total liabilities Interest expense Income tax expense Profit Cash

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The following selected information (in thousands) is available for Osborne Inc: 2020 $3,708 1,959 Total assets Total liabilities Interest expense Income tax expense Profit Cash provided by operating activities Cash used by investing activities 2021 $3,886 2,177 27 174 406 925 475 17 152 375 580 300 Calculate the following solvency ratios of Osborne Inc. for 2021 and 2020. (Round debt to total assets and interest coverage answers to 1 decimal place, e.g. 52.7 or 52.7%.) 2021 2020 94 Debt to total assets Calculate the following solvency ratios of Osborne Inc. for 2021 and 2020. (Round debt to total assets and interest coverage answers to 1 decimal place, e.g. 52.7 or 52.7%.) 2021 Debt to total assets 2020 % % Free cash flow $ $ Interest coverage times times Indicate whether each of the solvency ratios calculated in part (a) is better or worse in 2021. Debt to total assets Free cash flow Free cash flow $ $ Interest coverage times Indicate whether each of the solvency ratios calculated in part (a) is better or worse in 2021. Debt to total assets Free cash flow > Interest coverage

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