Rio Imports Information from the financial statements are provided below: 2020 2019 Current Liabilities $460,000 240,000 840,000 Long-Term Liabilities Stockholders' Equity Net Cash Flows from Operating Activities Interest and Principal Payments Net Sales 160,000 24,000 $320,000 640,000 1,080,000 102,000 16,000 900,000 144,000 23,000 29,000 60,000 Net Income 950,000 180,000 17,000 Interest Expense Income Taxes Dividends Paid to Common Stockholders 32,000 30,000 Refer to Rio Imports. The times interest earned ratio for 2020 a. Indicates that the company cannot meet its current year interest payments out of current year earnings. b. increased, which indicates that the company's creditors will be pleased. c. indicates a decline in the company's ability to pay its liabilities when they come due. Od decreased, which indicates that the company has less cash to pay interest on its debt