In order to determine the effect on the current ratio we would need to know the change in current liabilities and current assets, neither of which are known from the information given.
The times interest earned ratio is not automatically affected if the ratio of liabilities to equity increases. We would need to know the levels of income and interest expense to make a conclusion about the times interest earned ratio.
If total liabilities increase, the ratio of total liabilities to total assets must also increase.
In order to calculate the return on equity, we would need to know the level of income of the company.
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