Western World has the following selected data ($ in millions):

Balance Sheet Data 2015 2014

Total assets $2,511 $2,315

Total Liabilities 1,685 1,525

Total Stockholders Equity 826 790

Income Statement Data

Sales $786

Interest Expense 77

Tax Expense 32

Net Income 80

Based on these amounts for Western World in 2015, which ratio is calculated as follows:

$189 divided by $77 = 2.5

Question 34 options:

	Return on Assets Ratio
	Times Interest Earned Ratio
	Return on Equity Ratio
	Debt to Equity Ratio