Vision, Inc.'s comparative income statements and comparative balance sheets follow.
Vision, Inc.
Comparative Income Statements
For the Years Ended December 31, 2014 and 2013

Vision, Inc.
Comparative Balance Sheets
December 31, 2014 and 2013

Compute the debt to equity ratio, return on equity, and the interest coverage ratio for 2013 and 2014. In 2012 total stockholders' equity was $60,000. Round your answers to one decimal place.

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2014 2013 $360,000 $290,000 Net sales Cost of goods sold 224,000 176,000 Gross margin $136,000 $114,000 Operating expenses 80,000 60,000 $ 56,000 $ 54,000 Operating income Interest expense 14,000 10,000 $ 42,000 $ 44,000 Income before income taxes Income taxes expense 14,000 16,000 $ 28,000 $ 28,000 Net income S2.80 S280 Earnings per share 2014 2013 Assets Current assets $ 48,000 $ 40,000 Property, plant, and equipment (net) 260,000 200,000 Total assets $308,000 $240,000 Liabilities and Stockholders' Equity Current liabilities $ 36,000 $ 44,000 Long-term liabilities 180,000 120,000 Stockholders' equity 92,000 76,000 Total liabilities and stockholders' equity $308,000 $240,000