Question: Dollarama reported the following selected data ( in millions ) : 2 0 2 0 2 0 1 9 Total assets $ 3 , 7

Dollarama reported the following selected data (in millions):
2020
2019
Total assets
$3,716.5
$3,359.7
Total liabilities
3,808.7
3,677.1
Profit for the year
564.0
545.0
Income tax expense
206.3
205.6
Interest expense
100.6
94.6
Calculate the debt to total assets and interest coverage ratios for 2020 and 2019. Did Dollarama's solvency improve, worsen, or remain unchanged in 2020?(Round answers to 1 decimal place, e.g.52.2 or 52.2%.)
2020
2019
Dollarama's debt to total assets
Dollarama's interest coverage
%
times
%
times
The Dollarama's solvency

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