Question: Western World has the following selected data ($ In millions): 2021 2020 Balance sheet data Total assets Total liabilities Total stockholders' equity $2,600 1,700 900
Western World has the following selected data ($ In millions): 2021 2020 Balance sheet data Total assets Total liabilities Total stockholders' equity $2,600 1,700 900 $2,250 1,150 1,100 $ 840 70 Income statement data Sales Interest expense Tax expense Nat income 38 95 Based on these amounts, calculate the following ratios for Western World in 2021: (Round your 1. Debt to equity ratio 2. Return on assets ratio 3. Timos interest oamed ratio % times
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