Ratio An alysis The following balances were reported in the financial statements for Ruby Company 2016 2015 Net Sales 1,650,000 $1,750,000 70,000205,000 410,000 535,000 Current Liabilities 170,000210,000 675,000 1,550,000 2,450,000 Net Income Current Assets Total Liabilities 500,000 Total Assets Required Compute the following ratios for 2016 and 2015 for Ruby Company (Round answers to one decimal place.) 2016 2015 a. Return on sales ratio 0.1 x% 0.1 X %! b. Current ratio 2.4 2.5 x c. Debt-to-total-assets ratio 0.21 X % 0.18 X Check