Do It! Review 10-04 Ivanhoe Company provides you with the following balance sheet information as of December 31, 2022. Current assets Long-term assets Total assets $9,890 22,310 Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $10,080 12,040 10,080 $32,200 $32,200 In addition, Ivanhoe reported net income for 2022 of $13,760, income tax expense of $2,816, and interest expense of $1,170. Your answer is correct. Compute the current ratio and working capital for Ivanhoe for 2022. (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Current ratio 0.98 :1 Working capital (190) LINK TO TEXT Your answer is correct. Assume that at the end of 2022, Ivanhoe used $2,700 cash to pay off $2,700 of accounts payable. Compute the new ratios. (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45) Current ratio 0.974:1 Working capital (190) LINK TO TEXT x Your answer is incorrect. Try again. Compute the debt to assets ratio and the times interest earned for Ivanhoe for 2022. (Round answers to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) X Debt to assets ratio 31% X Times interest earned ratio 1.17 times Click if you would like to Show Work for this question: Open Show Work