Current assets Noncurrent assets $ 24,000 Current liabilities 81,000 Noncurrent liabilities Stockholders' equity $ 14,000 52,000 39,800 The company wishes to raise $49,000 in cash and is considering two financing options: Clayton can sell $49,000 of bonds payable, or at can issue additional common stock for $49,000. 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 3-1. Compute the current ratio for Clayton's management (Round your answers to 2 decimal places.) Currently it bonds are issued if stock is issued Current Ratio 0.60101 0.70 to 1 0.43 to 1 a-2. Compute the debt-to-assets ratio for Clayton's management (Round your answers to 1 decimal place.) Currently Ibonds are issued if stock is issued Debt to Assets Ratio % % %