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	$95,000		$144,000
Current maturities of serial bonds payable	200,000		200,000
Serial bonds payable, 10%	1,010,000		1,210,000
Common stock, $1 par value	60,000		60,000
Paid-in capital in excess of par	570,000		580,000
Retained earnings	1,980,000		1,580,000

The income before income tax was $447,700 and $391,700 for the current and previous years, respectively.

a. Determine the ratio of liabilities 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