The balance sheet for Clove Corporation reported the following: cash, $14,000; short-term investments, $19,000; net accounts receivable, $53,000; inventory, $58,000; prepaids, $19,000; equipment, $115,000; current liabilities, $58,000; notes payable (long-term), $88,000; total stockholders equity, $270,000; net income, $5,120; interest expense, $8,000; income before income taxes, $10,680.

1.	Compute Clove's debt-to-assets ratio and times interest earned ratio. (Round your answers to 2 decimal places.)

Ratio

Debt to Assests: ?

Time Interest Earned: ?