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Hudson Crowe Winery requested that you determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2016. To

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Hudson Crowe Winery requested that you determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2016. To answer this question, compute the following ratios for 2016 and 2015: (a) current ratio, (b) quick ratio, (c) debt ratio, and (d) interest coverage ratio. Round all ratios to two decimal places. Summarize the results of your analysis. ?(click the icon to view the financial information.) To answer this question, compute the following ratios for 2016 and 2015: (a) current ratio, (b) quick ratio, (c) debt ratio, and (d) interest- coverage ratio. Round all ratios to two decimal places. (Abbreviations used: Avg Average, EBIT = Earnings before interest and taxes, LT Long-term, and ST = Short-term.) Begin with a. current ratio. Select the formula and then enter the amounts to calculate the current ratios. 2016 2015

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