Selected financial data for these two close competitors in the home building industry are provided below: ($ in millions) Company A Company B Total assets $40,950 $33,060 Total liabilities 21,410 14,000 Total stockholders' equity 19,540 19,060 Sales $66,171 $47,240 Interest expense 710 310 Tax expense 1,440 1,010 Net income 2,650 1,780 1-a. Calculate the debt to equity ratio for Company A and Company B. (Round your answers to 2 decimal places.) Company A Company B Debt to Equity Ratio 1.10 0.73 1-b. Which company has the higher ratio? Company A Company B 2-a. Calculate the times interest earned ratio for Company A and Company B. (Round your answers to 1 decimal place.) Company A Company B Time Interest Earned Ratio times times Underwater Experiences issues a bond due in 5 years with a stated interest rate of 6% and a face value of $100,000. Interest payments are made semi-annually. The market rate for this type of bond is 5%. What is the issue price of the bond (rounded to nearest whole dollar)? (Use a financial calculator or Excel Multiple Choice $104,376 $102,323. $100,000 $84,557 The Bomb Pop Corporation sold ice cream equipment for $17,900. The equipment was originally purchased for $39,000, and depreciation through the date of sale totaled $25,000. 1. What was the gain or loss on the sale of the equipment? on sale 2. Record the sale of the equipment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet