Green Bluff Winery requested that you determine whether the company?s ability to pay its current liabilities and long-term debts improved or deteriorated during 2018. To answer this question, compute the following ratios for 2018 and 2017:

(a) Current ratio,

(b) Quick ratio,

(c) Debt ratio,

(d) Interest coverage ratio. Round all ratios to two decimal places. Summarize the results of your analysis.

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2018 2017 Cash. . Short-Term Investments. Accounts Receivable, Net Inventory. . Prepaid Expenses. Total Assets. Total Current Liabilities.. Long-Term Note Payable Income From Operations Interest Expense $ 70,000 $ 77,000 4,000 94,000 300,000 420,000 10,000 780,000 245,000 320,000 136,000 21,000 15,000 85,000 9,000 840,000 170,000 290,000 120,000 16,000