The following table gives the information for M&M Foods. The company currently pays out 20% of net income as dividends to stockholders. Answer Questions 2 23.

	2020	2021
Cost of goods sold	$3,670	$4,109
Cash	250	313
Depreciation	125	122
Interest expense	291	280
Current liabilities	717	1,051
Net fixed assets	4,006	4,123
Sales	5,831	6,423
Accounts receivable	1,092	1,162
Long-term debt	2,400	1,100
Inventory	1,495	1,521
New equity	0	250
Taxes	590	672

1. M&M Foods' return on equity in 2021 is _____.

   	a.	0.19
   	b.	25
   	c.	0.25
   	d.	19

1

1. M&M Foods' total debt ratio in 2021 is _____.

   	a.	30
   	b.	0.30
   	c.	15
   	d.	0.15

0

1. M&M Foods' equity multiplier in 2021 is _____.

   	a.	1.17%
   	b.	1.43%
   	c.	1.17
   	d.	1.43

1. M&M Foods' times interest earned ratio in 2021 is _____.

   	a.	7.83%
   	b.	7.83
   	c.	0.13
   	d.	13