Comparative financial statement data for Sheridan Corporation and Grouper Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2022. Sheridan Corporation Grouper Corporation 2022 2022 Net sales $2,052,000 $706,800 Cost of goods sold 1,339,500 387,600 Operating expenses 322,620 111,720 Interest expense 10,260 4,332 Income tax expense 96,900 41,040 Current assets 506,594 192,180 Plant assets (net) 606,480 159,290 Current liabilities 75,611 38,436 Long-term liabilities 123,690 46.380 (a) Your answer is correct. Compute working capital and the current ratios for each company for 2022. (Round current ratio to 1 decimal place, e.g. 0.7: 1.) Working Capital Current Ratio Sheridan Corporation $ 430983 Grouper Corporation $ 153744 6.70 :1 5 :1 (b) * Your answer is incorrect. Compute the debt to assets ratio for each company for 2022. (Round debt to assets ratio to 1 decimal place, e.g. 78.9%.) Debt to Assets Ratio Sheridan Corporation % Grouper Corporation 5 %