Marigold & Associates Inc. reports the following account balances for the year ending June 30, 2022: Accounts payable Accounts receivable Cash and cash equivalents Goodwill Inventory Notes payable (due 2027) Interest payable Notes payable (due within one year) Property, plant, and equipment Accumulated depreciation Prepaid insurance Salaries and wages payable Bonds payable $20,000 34,000 17,000 134,000 80,000 103,000 5,000 12,000 565,000 106,000 11,680 12,200 300,000 Compute the company's (a) current ratio and (b) debt to assets ratio. (Round current ratio to 2 decimal places, e.g. 1.55:1 and debt to assets ratio to 0 decimal place, e.g. 55%.) (a) Current ratio :1 (b) Debt to assets ratio %