CL Marshall Liquors owns and operates a chain of beer and wine shops throughout the Dallas$$Fort Worth metroplex. As a result of the rapidly expanding population of the area, the firm requires a growing amount of funds. Historically, it has reinvested earnings and borrowed using short$-$term bank notes. Bal$-$ ance sheets, in thousands, for the last five years are as follows:

$20122013201420152016$

Current assets $$100$ $$130$ $$160$ $$190$ $$220$

Fixed assets $250270290310330$

Total Assets $$350$ $$400$ $$450$ $$500$ $$550$

Current liabilities $$50$ $$90$ $$130$ $$170$ $$210$

Long$-$term liabilities $100100100100100$

Owners$$ equity $200210220230240$

Total liabilities and owners$$ equity $$350$ $$400$ $$450$ $$500$ $$550$

$1.$ Compute the firm$$s current ratio $($current assets divided by current liabilities$)$ and debt ratio $($current plus long$-$term liabilities divided by total assets$)$ for the five$-$ year period found above. Describe the firm$$s risk using both the current ratio and the debt ratio.