Kermit Plumbing Products Ltd. reported the following data in 20X0 (in billions) (Click the icon to view the financial statements) Compute Kermit's times-interest earned ratio and write a sentence to explain what the ratio values mean. Would you be willing to lend Kermd $1 billon? State your reason (Ender all amounts in billions.) Determine the formula for the times interest eamed ratio. Then, complete the formula and calculate the debt ratio. (Found your answer to one decimal pace, X.X.) Times interested alo es This means that Would you be willing to lend Kermit $1 billion? State your reason Based on times-interest-eamed ratio, the authors be willing to lend $1 billion to Kermit in 2000, Kermit Plumbing s existing interest expense mplete the formula a =Times-interest willing to lend $1 bill Data table Net operating revenues. Operating expenses Operating income Non-operating items: Interest expense Other Net income.... Print ********K $ 20X0 Done 29.8 24.6 5.2 (1.6) (0.2) 3.4 X X.) expense.