QS $17-14($Algo$)$ Computing debr$-$to$-$equity ratio and times interest earned LO P$3$

Pa$$dy$\text{'}$s Pub reported the following year$-$end data:

$\backslash$table$[[$Income before interest expense and income tax expense,$],[$Cost of goods sold,$63,800],[$Interest expense,$31,000],[$Total assets,$2,900],[$Total liabilities,$83,200],[$Total equity,$19,200],[,64,000]]$

Compute the $($a$)$ debt$-$to$-$equity ratio and $($b$)$ times interest earned.

Complete this question by entering your answers in the tabs below.

Debt To Equity Times Interest

Ratio

Earned

Compute the debt$-$to$-$equity ratio.

$\backslash$table$[[$Debt$-$To$-$Equity Ratio$],[$Numerator:$,1,$Denominator:,$=,$Debt$-$To$-$Equity Ratio$],[?,1,,=,$Debt$-$to$-$equity ratio$],[P,1,,=,0]]$