DuBois Furniture Company has requested that you determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2016. To answer this question, compute the following ratios for 2016 and 2015. Use Exhibit 13-8 as a model. Round your answers to two decimal places. Summarize the results of your analysis in a short paragraph.
a. Net working capital
b. Current ratio
c. Quick (acid-test) ratio
d. Debt ratio
e. Times-interest-earned ratio

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2016 2015 Cash S 22,000 34,000 23,000 Net receivables..121,000 131,000 Inventory.. 238,000 273,000 Prepaid expenses 19,000 7,000 Total current liabilities....227,000 272,000 Long-term debt. Income from operations 194,000 150,000 Interest expense... 42,000 44,000