Wildhorse Music Inc. reported the following selected information at March 31.
Total current assets
2022
$220,875
Total assets
439,500
Total current liabilities
294,500
Total liabilities
355,995
Net cash provided by operating activities
64,000
Calculate the (a) current ratio and (b) the debt to assets ratio. (Round answers to 2 decimal places, e.g. 15.25.)
Current ratio
1
Debt to assets ratio
%