Bricker Frames has asked you to determine whether the company's ability to pay current liabilities and total liabilities improved or deteriorated during 2017. To answer this question, compute these ratios for 2017 and 2016, using the following data:

a. Current ratio
b. Acid-test ratio
c. Debt ratio
d. Times-interest-earned ratio

2017 61,500 $ 2016 Cash Short-term Investments 4 Net recelvables 5 Inventory 6 Total assets 47,000 126,560 S 236,300 S 564,000 S 278,000 S 20,920 $ 166,110 S 49,000 S 118,240 271,320 492,000 204,000 46,920 159,580 %24 Total current llablitles 8 Long-term notes payable 9 Income from operations 10 Interest expense 39,500 11