McKay 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 that 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

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2017 59,500 $ 28,500 S 137,150 S 250,800 S 555,000 S 285,000 S 48,000 $ 164,350 S 47,500 $ 2016 49,500 1. 2 Cash Short-term Investments 4 Net recelvables 127,300 284,960 486,000 208,000 5 Inventory 6 Total assets Total current llabilitles 8 Long-term notes payable Income from operations 10 Interest expense 11 30,140 169,260 42,000