Recent financial statement data for Harmony Health Foods (HHF)Inc. is shown below.

2.

ecent financial statement data for Harmony Health Foods (HHF)Inc. is shown below.

Currentliabilities	$   197		Income beforeinterest and taxes	$ 116
10% Bonds,long-term	370		Interestexpense	37
Totalliabilities	567		Income beforetax	79
Shareholders'equity			Income tax	22
Capital stock	210		Net income	$   57
Retainedearnings	291
Total shareholders'equity	501
Total liabilitiesand equity	$1,068

 

HHF's times interest earned ratio is (Round youranswer to two decimal places.):

10.00.

3.14.

1.54.

2.14.

Currentliabilities	$ 180		Income beforeinterest and taxes	$ 118
10% Bonds,long-term	360		Interestexpense	36
Totalliabilities	540		Income beforetax	82
Shareholders'equity			Income tax	20
Capital stock	201		Net income	$ 62
Retainedearnings	283
Total shareholders'equity	484
Total liabilitiesand equity	$1,024

HHF's debt to equity ratio is (Round your answer totwo decimal places.):

0.74.

0.56.

1.12.

1.90.

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