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 $676,600 and $592,000 for the current and prior years, 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 interest earned ratio for both years. Round to one decimal place. Current year X Prior year X c. The ratio of liabilities to stockholders' equity have and the times interest earned ratio has from the previous year. These results are the combined result of a income before income taxes and interest expense in the current year compared to the previous year