Question: 12 Western World has the following selected data ($ in millions): 2021 2020 Balance sheet data Total assets Total liabilities Total stockholders' equity $2,700 $2,200

Western World has the following selected data ($ in millions): 2021 2020 Balance sheet data Total assets Total liabilities Total stockholders' equity $2,700 $2,200 1,850 1,200 850 1,000 $ Income statement data Sales Interest expense Tax expense Net income 830 60 34 95 Based on these amounts, calculate the following ratios for Western World in 2021: (Round your answers to 2 decimal places.) 1. Debt to equity ratio 2. Return on assets ratio 3. Times interest eamed ratio % times

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