Rod Hewitt Winery requested that you determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018. To answer this question, compute the following ratios for 2018 and 2017: (a) current ratio, (b) quick ratio, (c) debt ratio, and (d) interest coverage ratio. Round all ratios to two decimal places. Summarize the results of your analysis. (Click the icon to view the financial information.) To answer this question, compute the following ratios for 2018 and 2017: (a) current ratio, (b) quick ratio, (c) debt ratio, and (d) interest-coverage ratio. Round all ratios to two decimal places. (Abbreviations used: Avg = Average, EBIT = Earnings before interest and taxes, LT = Long- term, and ST = Short-term.) Begin with a. current ratio. Data table Select the formula and then enter the amounts to calculate the current ratios. . Current assets Current liabilities Current ratio $ 2018 $ 180,000 2018 1 3.87 2017 696,000 489,000 2017 $ $ 246,000 1.99 Cash $ 75,000 $ 66,000 5,000 Short-term investments 20,000 b. Quick ratio. 181,000 97,000 Select the formula and then enter the amounts to calculate the quick ratios. (Complete all answer boxes.) Accounts receivable, net Inventory 410,000 310,000 + + Quick ratio 10,000 11,000 Prepaid expenses Total assets 2018 ( + + ) / = 770,000 490,000 2017 ( + + = Total current liabilities 180,000 180,000 246,000 270,000 Long-term note payable Income from operations 130,000 121,000 Interest expense 21,000 32,000 Print Done