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The following selected ratios are available for Ice Inc.: Debt to total assets 2021 40 % 2020 45 % 2019 50 % Interest coverage 1.0

The following selected ratios are available for Ice Inc.: Debt to total assets 2021 40 % 2020 45 % 2019 50 % Interest coverage 1.0 times 1.5 times 2.0 times Has the debt to total assets improved or weakened over the past three years? The debt to total assets has gradually over the past three years. Has the interest coverage improved or weakened over the past three years? The interest coverage has over the past three years. Overall, has the company's solvency improved or weakened over the past three years? The company's solvency appears to beimage text in transcribedimage text in transcribed

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