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7 of 9 View Policies < Current Attempt in Progress -/4 E Blue Spruce had total debt of $500,500 and $776,250 as at December 31,
7 of 9 View Policies < Current Attempt in Progress -/4 E Blue Spruce had total debt of $500,500 and $776,250 as at December 31, 2020, and December 31, 2019, respectively, of which $75,000 and $165,000 was current. In addition, the company had total assets of $910,000 and $675,000 as at December 31, 2020, and December 31, 2019, respectively, of which $125,000 and $145,000 was current. Evaluate the company's debt-paying ability in 2020 and 2019. Debt-paying ability by calculating the debt to total assets ratio: (Round answers to O decimal places, e.g. 500%.) Debt-paying ability by calculating current ratio: (Round answers to 2 decimal places, e.g. 45.50.) eTextbook and Media 2020 % 2019 % :1 :1
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