Clayton Industries has the following account balances: The company wishes to raise $30,000 in cash and is considering two financing options: Clayton can sell $30,000 of bonds payable, or it can issue additional common stock for $30,000. 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. 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