Comparative financial statement data of Ranfield, Inc. follow (Click the icon to view the income statement) (Click the icon to view the balance sheet.) 1 (Click the icon to view the additional financial information.) Read the requirements Begin by selecting the formula to compute the current ratio Current ratio Now, compute the current ratios for 2018 and 2017. (Round your answers to two decimal places, XXX.) 2018 2017 Requirement 1b. Compute the cash ratios for 2018 and 2017 Begin by selecting the formula to compute the cash ratio Cash ratio Now, compute the cash ratios for 2018 and 2017. (Round your answers to two decimal places, X.XX.) 2018 2017 Requirement 1c. Compute the times-interest-earned ratios for 2018 and 2017 Begin by selecting the formula to compute the times-interest-earned ratio Times-interest-earned ratio Income Statement Ranfield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Income From Operations Interest Expense Income Before Income Tax Income Tax Expense Net Income S 467,000 S 428,000 241.000 218.000 226,000 210,000 137,000 135,000 89,000 75,000 17,000 80,000 58,000 9,000 27,000 S 61,000 S 31,000 9,000