Selected financial data for Bahama Bay and Caribbean Key are as follows. Bahama Bay Caribbean Key...

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Selected financial data for Bahama Bay and Caribbean Key are as follows. Bahama Bay Caribbean Key (5 in millions) 2024 2023 2024 2023 Total assets $9,723 $9,642 $8,923 $8,962 Total liabilities 8,092 7,556 7,533 7,523) Total stockholders' equity 1,631 2,086 1,390 1,439 Sales revenue $5,917 $12,889 Interest expense 213 165 Income tax expense 77 351 Net income 331 364 Required: 1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year 1-b. Which company has the higher ratio? 2-8. Calculate the return on assets for Bahama Bay and Caribbean Key for the most recent year 2-b. Which company appears more profitable? 3-8. Calculate the times interest earned ratio for Bahama Bay and Caribbean Key for the most recent year 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Req 2A Reg 28 Req 3A Req 38 Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. (Enter your answer in millions (ie, $5,500,000 should be entered as 5.5).) Bahama Bay Caribbean Key Debt to Equity Ratio Numerator/Denominator Amounts Req 1B> Selected financial data for Bahama Bay and Caribbean Key are as follows. Bahama Bay Caribbean Key (5 in millions) 2024 2023 2024 2023 Total assets $9,723 $9,642 $8,923 $8,962 Total liabilities 8,092 7,556 7,533 7,523) Total stockholders' equity 1,631 2,086 1,390 1,439 Sales revenue $5,917 $12,889 Interest expense 213 165 Income tax expense 77 351 Net income 331 364 Required: 1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year 1-b. Which company has the higher ratio? 2-8. Calculate the return on assets for Bahama Bay and Caribbean Key for the most recent year 2-b. Which company appears more profitable? 3-8. Calculate the times interest earned ratio for Bahama Bay and Caribbean Key for the most recent year 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Req 2A Reg 28 Req 3A Req 38 Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. (Enter your answer in millions (ie, $5,500,000 should be entered as 5.5).) Bahama Bay Caribbean Key Debt to Equity Ratio Numerator/Denominator Amounts Req 1B>