Clayton Industries has the following account balances: determine the effects of each altemative on stock for $45,000. To help in the decision process, Clayton's management wants to Required a-1. Compute the current ratio for Clayton's management. Note: Round your answers to 2 decimal places. a-2. Compute the debt-to-assets ratio for Clayton's management. Note: Round your answers to 1 decimal place. b. Assume that after the funds are invested, EBIT amounts to $15,900. Also assume the company pays $3,300 in dividends or $3,300 in interest depending on which source of financing is used. Based on a 30 percent tax rate, determine the amount of the increase in retained earnings that would result under each financing option