The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years Current Year Previous Year Accounts payable Current maturities of serial bonds payable Serial bonds payable, 10% Common stock, $1 par value Pald-in capital in excess of par $334,000 430,000 2,110,000 100,000 1,050,000 3,640,000 $286,000 430,000 2,540,000 120,000 1,060,000 2,890,000 Retained earnings The income before income tax was $736,600 and $544,500 for the current and previous years, respectively. a. Determine the ratio of abilities to stockholders' equity at the end of each year. Round to one decimal place Current year Previous year b. Determine the times interest earned ratio for both years. Round to one decimal place. Current year Previous year c. The ratio of liabilities to stockholders' equity has previous year. These results are the combined result of a compared to the previous year, and the number of times bond interest charges were earned has from the Income before income taxes and interest expense in the current year