Ratio of liabilities to stockholders' equity The following data were taken from Alvarado Company's balance sheet: Dec. 31, 20Y4 Dec. 31, 20Y3 $3,960,000 4,400,000 Total liabilities $3,040,000 Total stockholders' equity 3,800,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet

Ratio of liabilities to stockholders" equity The following data were taken from Alvarado Company's balance sheet: This information has been collected in the Microsoft Excel Onine file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a. Compute the rabio of tiabilities to stochholders' equity for each year. Round your answers to 2 decimal places. Dec. 31,20Y4 Dec, 31, 2013 b. Has the creditor's risk increased or decreased from December 31,203, to December 31,204