weller curpuratiun Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets \begin{tabular}{rr} $1,170 & $1,220 \\ 9,700 & 8,300 \\ 13,300 & 11,100 \\ 740 & 660 \\ \hline 24,910 & 21,280 \\ 9,500 & 9,500 \\ 47,224 & 43,782 \\ \hline 56,724 & 53,282 \\ \hline$81,634 & $74,562 \\ \hline \hline \end{tabular} Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{rr} $18,900 & $18,000 \\ 980 & 880 \\ 0 & 200 \\ \hline 19,880 & 19,080 \end{tabular} Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) \begin{tabular}{rr} 9,800 & 9,800 \\ \hline 29,680 & 28,880 \\ 2,000 & 2,000 \\ 4,000 & 4,000 \\ \hline 6,000 & 6,000 \\ 45,954 & 39,682 \\ \hline 51,954 & 45,682 \\ \hline$81,634 & $74,562 \\ \hline \hline \end{tabular} Required: Compute the following financial ratios for this year: 1. Times interest earned ratio. 2. Debt-to-equity ratio. 3. Equity multiplier. (For all requirements, round your answers to 2 decimal places. weller curpuratiun Comparative Balance Sheet (dollars in thousands) This Year Last Year Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Property and equipment: Land Buildings and equipment, net Total property and equipment Total assets \begin{tabular}{rr} $1,170 & $1,220 \\ 9,700 & 8,300 \\ 13,300 & 11,100 \\ 740 & 660 \\ \hline 24,910 & 21,280 \\ 9,500 & 9,500 \\ 47,224 & 43,782 \\ \hline 56,724 & 53,282 \\ \hline$81,634 & $74,562 \\ \hline \hline \end{tabular} Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities Long-term liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{rr} $18,900 & $18,000 \\ 980 & 880 \\ 0 & 200 \\ \hline 19,880 & 19,080 \end{tabular} Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) \begin{tabular}{rr} 9,800 & 9,800 \\ \hline 29,680 & 28,880 \\ 2,000 & 2,000 \\ 4,000 & 4,000 \\ \hline 6,000 & 6,000 \\ 45,954 & 39,682 \\ \hline 51,954 & 45,682 \\ \hline$81,634 & $74,562 \\ \hline \hline \end{tabular} Required: Compute the following financial ratios for this year: 1. Times interest earned ratio. 2. Debt-to-equity ratio. 3. Equity multiplier. (For all requirements, round your answers to 2 decimal places