Clayton Industries has the following account balances: Current assets Noncurrent assets $ 21,000 87,000 Current liabilities Noncurrent liabilities Stockholders' equity $ 8,000 57,000 43,000 The company wishes to raise $41,000 in cash and is considering two financing options: Clayton can sell $41,000 of bonds payable, or it can issue additional common stock for $41,000. 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 2-1. Compute the current ratio for Clayton's management. (Round your answers to 2 decimal places.) Currently If bonds are issued If stock is issued Current Ratio to 1 0.00 to 1 0.00 to 1