The balance sheet for Shaver Corporation reported the following: cash, $16,500; short-term investments, $21,500; net accounts receivable, $58,000; inventories, $63,000; prepaids, $21,500; equipment, $103,000; current liabilities, $63,000; notes payable (long-term), $93,000; total stockholders equity, $127,500; net income, $5,620; interest expense, $9,000; income before income taxes, $12,180.

1. Compute Shavers debt-to-assets ratio and times interest earned ratio