Ratio of Liabilities 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 $437,100 and $382,500 for the current and previous years, respectively. a. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round to one decimal place. Current year X Previous year b. Determine the times interest earned ratio for both years. Round to one decimal place. Current year Previous year