everage ratio. D Financial statements - X te the leverage ratio. (En 2020 has $ of mula for the debt Net operating revenues 32.7 27.5 Operating expenses n millions. Round your a Operating income 5.2 Non-operating items: Interest expense thas $ in Net income Other for the times-inte Total assets (1.4) (0.5) $ 3.3 amounts in millions. Rou 350.0 154.0 o lend Tolbert $1 Total shareholders' equity Print Done to lend Tolbert $1 million. a E 0 K This question: 13 point(s) possible Tolbert Plumbing Products Ltd. reported the following data in 2020 (in millions): (Click the icon to view the financial statements.) Compute Tolbertleverage ratio, debt ratio, and times-interest-earned ratio, and write a sentence to explain what those ratio values mean. Would you be willing to lend First, compute Tolbert's leverage ratio. Determine the formula for the leverage ratio. Then, complete the formula and diculate the leverage ratio. (Enter all amounts decimal places, X.XX.) This means that Tolbert has $ of Leverage ratio Now, determine the formula for the debt ratio. Then, complete the formula and calculate the debt ratio. (Enter all amounts in millions. Round your answer to two ded Debt ratio This means that Tolbert has $ in Determine the formula for the times-interest-earned ratio. Then, complete the formula and calculate the debt ratio. (Enter all amounts in millions. Round your answer to Time-interest-earned ratio This means that Would you be willing to lend Tolbert $1 million? State your reason. Tolbert's debt ratio is and the company its existing interest expense. be willing to lend Tolbert $1 million. Time Remaini