Question: a. Calculate the Return on Average Shareholders Equity for 2019. Express your answer as a decimal (Example: For 12.45%, enter the number .1245 as your

a. Calculate the Return on Average Shareholders Equity for 2019. Express your answer as a decimal (Example: For 12.45%, enter the number .1245 as your answer)

b. Calculate the Times Interest Earned for 2019. Express your answer with two decimal places (Examples: Enter your calculated answer in the form of 1.65 or 2.99)

THE ABOVE INFORMATION WAS ALL THAT WAS GIVEN. The answers are shown, however, please show all work and explanations of calculations to get to that specific answer. PLEASE COMPLETE ALL PARTS AS IT IS A COMPOUNDING QUESTION and as part of Chegg's guidelines, compounding questions must be answered up to 4 parts (a-d).

Consider the following income statement and balance sheet data: 2019 and 2018 Balance Sheets

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