Ratio of Liabilities to Stockholders' Equity and Times Interest Earned The following data were taken from the financial statements of Starr Construction Inc, for December 31,20Y6 and 20Y5 : The income before income tax was $771,400 and $408,900 for the years 20 Y 6 and 20Y5, respectively. a. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round to one decimal place. b. Determine the times (bond) interest earned during the year for both years. Round to one decimal place. Dec, 31,20 y Dec. 31,20 Y c. What condusions can be drawn from these data as to the company's ability to meet its currently maturing debts? In 20Y6, the company's ability to meet its currently maturing debts has improved. in 20Y6, the company's ability to meet its currently maturing debts has worsened. No conclusion can be drawn from the data provided