The following selected information (in thousands) is available for Wildhorse Inc.: 2024 2023 Total assets $3,883 $3,744 Total liabilities Interest expense 2,178 1,965 31 15 Income tax expense 175 146 Profit for the year 401 390 Cash provided by operating activities 929 588 Cash used by investing activities 481 307 (a) Your answer is partially correct. Calculate the following solvency ratios of Wildhorse Inc. for 2024 and 2023. (Round debt to total assets and interest coverage answe Debt to total assets 2024 56.1 % Free cash flow $ 448,000 Interest coverage eTextbook and Media 19.6 times 2023 52.5 % $ 281,000 36.7 times