Royal Dunes Company Is a Retailer of Specialty Beachwear Using the Information Provided,address the Following Questions for Both Year

Royal Dunes Company is a retailer of specialty beachwear.During Year 2,the company expanded its retail business by adding 30 new retail stores.The following information is obtained from the comparative financial statements Year 2 (all amounts in $ thousands).
$\begin{array}{lrr}&\text { January } 31, \text { Year } 2 &\text { January } 31 \text {, Year }\\\text { Current liabilities } & \$ 6,000 & \$ 8,000 \\\text { Total liabilities } & 26,000 & 18,000 \\\text { Total shareholders' equity } & 34,000 & 38,000 \\\text { Total assets } & 60,000 & 56,000\\\\\begin{array}{r}\quad\quad\quad\quad\quad\quad\text { For the fiscal years ended January } 3]\end{array}\\&\text {Year 2}&\text {Year1}\\\text { Depreciation expense } & \$ 2,000 & \$, 000 \\\text { Interest expense } & 3,400 & 3,200 \\\text { Income tax expense } & 12,600 & 18,100 \\\text { Net income } & 6,000 & 15,000 \\\text { Net cash flows from operations } & 41,000 & (400 \\\text { Total dividends paid } & 2,000 & 12,000\end{array}$
Using the information provided,address the following questions for both Year 2 and Year 1:
A) What is the debt-to-equity ratio?

B) What is the times interest earned ratio?

C) What is the long-termdebt-to-equity ratid, assuming that there is no current portion of long-tern debt?

D) What is the long-term debt-to-total-assets ratid, assuming that there is no current portion of long-tern debt?

E) What is the debt-to-total-assets ratio?

F) Comment briefly on the company's debt management position.