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The following selected information (in thousands) is available for Osborne Inc.: 2021 $3,886 2,177 27 Total assets Total liabilities Interest expense Income tax expense Profit
The following selected information (in thousands) is available for Osborne Inc.: 2021 $3,886 2,177 27 Total assets Total liabilities Interest expense Income tax expense Profit Cash provided by operating activities Cash used by investing activities 2020 $3,708 1,959 17 152 375 580 174 406 925 475 300 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 Debt to total assets % %6 Free cash flow Interest coverage times times 2021 2020 Debt to total assets % % 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 v Free cash flow V Interest coverage
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