Practice Do 111 Review 2 Grouper Company provides you with the folloning balance sheet information as of December 31, 2017 Current assets $11,100 Current labilties Long-term assets26,300Long-term liabilities Total assets In addition, Grouper reported net income for 2017 of $15.600. incorne tax expense of S3,200, and interest expense of $1,100. (Round ratios to 2 declinal places, og. 2,751.) $12,850 11,700 12,850 37.400 Total liabilities and stockholders' equity $37.400 Stockholders equity Compute the current ratio and working capital for Grouper for 2017 Current ratio Working capital Assume that at the end of 2017, Grouper used $3,100 cash to pay off $3,100 of accounts payable. How would the curent ratio and working capital have changed? Current ratio Working capital Compute the debt to assets ratio and the times interest earned ratio for Grouper for 2017 Debt to assets ratio Times interest earned ratio LINK TO TEXT Question Attempts: 0 of 15 used SAVE FOR LATER SUBHIT