Evansville Furniture Company has asked you to determine whether the company’s ability to pay its current liabilities and long-term debts improved or deteriorated during 2021. To answer this question, calculate the following ratios for 2021 and 2020. 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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Cash.......... Short-term investments.. Net receivables.. Inventory.. Prepaid expenses. Total assets........... Total current liabilities....... Long-term debt Income from operations Interest expense....... 2021 2020 $ 35,000 $ 47,000 32,000 4,000 115,000 128,000 240,000 270,000 12,000 500,000 252,000 21,000 510,000 187,000 157,000 196,000 59,000 48,000 155,000 46,000