Debt Management and Short-Term Liquidity Ratios The following items appear on the balance sheet of Figgins Company at the end of 2018 and 2019: 2019 2018 Current assets $5,520 $1,500 Long-term assets 7,000 4,000 Current liabilities 1,200 1,500 Long-term liabilities 7,320 0 Stockholder's equity 4,000 4,000 Required: Between 2018 and 2019, indicate whether Figgins' debt to equity ratio increased or decreased. Also, indicate whether Figgins' current ratio increased or decreased. Debt to equity ratio Current ratio Interpret these ratios. The current ratio and the debt to equity ratio The increased may indicate a solvency issue