e https://ed ti/mainuni Return to Blackboard Weygandt, Financial & Managerial Accounting, 2e Heln l Your answer is partially correct. Try again Grouper Company provides you with the following balance sheet information as of December 31, 2017. Current assets $10,600 Current liabilities Long-term assets 25,650 Long-term labilities Total assets $13,600 9,050 13,600 $36,250 Total liabilities and stockholders' equity $36,250 Stockholders' equity In addition, Grouper reported net income for 2017 of $16,400, income tax expense of $3,200, and interest expense of $1,3s0 Compute the current ratio and working capital for Grouper for 2017. Current ratio Working capital 3000 Assume that at the end of 2017, Grouper used $3,100 cash to pay off $3,100 of accounts payable. How would the current ratio ar Current ratio 0.71 :1 working capital 3000 Compute the debt to assets ratio and the times interest earned ratio for Grouper for 2017 Working capital 3000 Assume that at the end of 2017, Grouper used $3,100 cash to pay off $3,100 of accounts payable. Current ratio Working capital 0.71 :1 3000 Compute the debt to assets ratio and the times interest earned ratio for Grouper for 2017 Debt to assets ratio Times interest earned ratio LINK TO TEXT