Question 24 ABC Co. financial data for 2020 & 2019 are given below: 2020 2019 Total Assets $903,000 $893,000 Total Liabilities 667,000 573,000 Cash 53,000 37,500 Interest-bearing Debt 525,000 373,000 Net Income 131,000 125,000 Interest Expense 9,100 7,700 Tax Expense 15,300 17,200 Depreciation Expense 47,000 37,500 Calculate the debt to equity ratio and the interest coverage ratio using the select financial data provided above for 2019 & 2020. (Round answers to 2 decimal places, e.g. 15.25.) 2020 2019 Debt to Equity Ratio Interest Coverage Ratio times times Is ABC Corp.'s leverage improving or deteriorating? ABC Corp.'s leverage is