Use the financial statements below to calculate the following ratios a) Payout Ratio b) Times Interest Eaned c) Retun on Equity Income Statement Revenue Cost of goods sold EBIT Interest expense Eamings before taxes Taxes Net income Dividends Retained earnings 2010 2200 0 1980.0 220 0 40 0 180 0 72.0 108 0 72.0 36.0 Balance Sheet (year end) alo 12/31/10 Assets Cash Fixed assets Total assets 220 0 880 0 1100 0 Liabilities and equity Long-term debt 400 0