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Ratio of Irabilities to stockholders equity and times interest earned The following data were taken from the financial statements of Hunter Inc. for December 3

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Ratio of Irabilities to stockholders equity and times interest earned
The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years:
The income before income tax expense was $717,500 and $627,800 for the current and previous years, respectively.
a. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round your answers to one decimal place.
Current year
Previous year
b. Determine the times interest earned ratio for both years. Round your answers to one decimal place.
Current year
Previous year
c. The ratio of liabilities to stockholders' equity has deteriorated
and the number of times bond interest charges were earned has
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