Selected financial data for Bahama Bay and Caribbean Key are as follows:

Required:

1. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. Which company has the higher ratio?

2. Calculate the return on assets for Bahama Bay and Caribbean Key. Which company appears more profitable?

3. Calculate the times interest earned ratio for Bahama Bay and Caribbean Key. Which company is better able to meet interest payments as they become due?

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($ in millions) Bahama Bay Caribbean Key 2021 2020 2021 2020 Total assets $8,861 $9,560 $7,640 $7,507 Total liabilities 5,724 6,606 2,819 2,689 Total stockholders' equity 3,137 2,954 4,821 4,818 Sales revenue $6,321 $3,949 Interest expense 170 70 Тах еxpense 148 8 Net income 562 88