Clayton Industries has the following account balances: Current assets Noncurrent assets $24,090 Current liabilities 84,000 Noncurrent liabilities Stockholders' equity $ 5,000 59,000 44,000 The company wishes to raise $33,000 in cash and is considering two financing options: Clayton can sell $33,000 of bonds payable, or it can issue additional common stock for $33,000. To help in the decision process, Clayton's management wants to determine the effects of each alternative on its current ratio and debt-to-assets ratio. Required a-1. Compute the current ratio for Clayton's management. (Round your answers to 2 decimal places.) Current Ratio 4 80 101 Currently If bonds are issued stock is issued -2. Compute the debt-to-assets ratio for Clayton's management. (Round your answers to 1 decimal place.) Debt to Assets Ratio Currently If bonds are issued