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Swifty had total debt of $ 496,800 and $ 738,400 as at December 31, 2020, and December 31, 2019, respectively, of which $ 120,000 and

Swifty had total debt of $ 496,800 and $ 738,400 as at December 31, 2020, and December 31, 2019, respectively, of which $ 120,000 and $ 165,000 was current. In addition, the company had total assets of $ 920,000 and $ 710,000 as at December 31, 2020, and December 31, 2019, respectively, of which $ 125,000 and $ 150,000 was current. Evaluate the companys debt-paying ability in 2020 and 2019.

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2020 2019 % % Debt-paying ability by calculating the debt to total assets ratio: (Round answers to decimal places, e.g. 500%.) Debt-paying ability by calculating current ratio: (Round answers to 2 decimal places, e.g. 45.50.) :1 :1

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