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What is the firms total debt to total capital ratio ?

and What is the firms times interest earned ?

The balance sheet and income statement shown below are for Sneaker Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. 2019 $ 2,500 11,500 16,000 $30,000 $20,000 $50,000 Balance Sheet (Millions of S) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $ 9,500 5,500 7.000 $22,000 $15.000 $37,000 $ 2,000 11,000 $13,000 $50,000 1.531 Income Statement (Millions of S) 2019 Net sales $87,500 Operating costs except depreciation 81,813 Depreciation Earnings bef interest and taxes (EBIT)$ 4,156 Less interest 1,375 Earnings before taxes (EBT) $ 2,781 Taxes 973 Net income $ 1,808 Other data: Shares outstanding (millions) 500.00 Common dividends S632.73 Intrate on notes payable & L-T bonds 6.25% Federal plus state income tax rate 35% Year-end stock price $43.39

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