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Selected financial data for Surf City and Paradise Falls are as follows: 1-a. Calculate the debt to equity ratiofor Surf City and Paradise Falls for the most recent year. 1-b. Which company has the higher ratio? 2-a. Calculate the return on assets for Sur City and Paradise Falls for the most recent year. 2.h. Which company appears more profitable? 3-a. Calculate the times interest eamed ratio for Surf City and Paradise Flls for the most recent year: 3-b. Which company s better able to-meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Calculate the debt to equity ratio for Surf City and Paradise falls for the most recent year. (Enter your answers in mittlons (1.0.,$5,500,000 should be entered as 5.55).) Required information [The following information applies to the questions displayed below.] On January 1, 2024, Splash City issues $430,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the marketinterest rate on the issue date is 9%, the bonds will issue at $394,979. Required: 1. Complete the first three rows of an amortization schedule. (Round your intermediate and final answers to the nearest whole dollar.)

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