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Bastion Computer Corp, a technology support company providing security for small businesses, reported these summarized figures (in millions) (Click the icon to view the income statement.) E (Click the icon to view the balance sheet.) Calculate the following 1. Compute the debt ratio and the debt/equity ratio at December 31, 2020 2. Is Bastion Computer Corp.'s ability to pay its liabilities strong or weak? Explain your reasoning - X Data table 1. Compute the debt ratio and the debt/equity ratio at December 31, 2020. (Round the ratios to two decimal places, X.XX' Bastion Computer Corp 's debt ratio is Bastion Computer Corp. Bastion Computer Corp.'s debt/equity ratio is Balance Sheet 2. Is Bastion Computer Corp's ability to pay its liabilities strong or weak? Explain your reasoning December 31, 2020 and 2019 Assets 2019 Liabilities and Equity 2020 The debt ratio and the debt/equity ratio are fairly The company's ability to pay its liabilities appears 2020 2019 and Cash 3.2 $ 24 Total current liabilities S 98 5 8.8 X Short-term investments 1 3 Long-term liabilities Data table 0 6 Total liabilities 184 17 3 Accounts receivable Inventory 10 0 Bastion Computer Corp. Other current assets Common shares 6 6 56 Income Statement 17.7 11 8 Total current assets 16.5 13 7 Retained earnings For the Year Ended December 31, 2020 26 2 21 0 Total equity 24 3 17 4 All other assets Net sales 69 42. $ 34.7 Total liabilities and equity $ 427 S 34 7 Cost of goods sold 4312 Total assets Interest expense All other expenses 15.6 HO Print Net income Done