Use the isaacson 2020 income statement and the balanco sheot as follows: (Click the icen to view the assets section of the batance sheet) (Click the leon to view the liabilities and shareholders' equity soctions of the balance sheet.) (Click the icon to view the income statement.) 1. Compute the company's debt ratie at December 31,2020 Select the formula, and then enter the amounts to caiculate the debt ratio. (Enter amounts in millions. Round your answer to three decimal places.) 2. Compute the company's times-interest-earned rasio for 2020 , For operating income, use income before both interest expense and income taxes. You can aimply add interest expenee bock fo. incorne before taxes. (Enter amounts in million. Round your answer to one decimal place.) 3. Is isaacson's ability to pay liabiifes and interest expense strong or weak? Comment on the value of each ratio computed for Requiements 1 and 2 . The debt ratio is The times-interest eamed ratio is Overal the company's nbiliy to pay its liabilizes and interest expense looks Balance sheets: assets Balance sheets: liabilities and equity Income statement