Ratio of Labilties to Stockholders' Equity and Turnes Interest Farned The following data were taken from the financial statements of Humter inc. for December 31 of two recent wears: The income before income tax expense was $460,800 and $403,200 for the current and previous years, respectwely. a. Determine the ratio of liabilities to stockholders equity at the end of each year. Round to one decimal place. b. Determine the times interest earned ratio for both years. Round to one decimal place: c. The ratio of labilities to stockholders' equity has and the number of times bond interest charges were earned bas finen the previous yeac. These results are the combined result of a income before incone taxes and interest expense in the curterit yeas compared to the previcus year