Use the balance sheet of Maine, Inc to calculate the current ratio for 2017 and 2018

Maine, Inc
Comparative Balance Sheet
December 31, 2018 and 2017
2018 2017
Assets
Total Current Assets $200,000 $100,000
Property, Plant, and Equipment, Net

550,000 500,000
Other Assets 50,000 50,000
Total Assets $800,000 $650,000
Liabilities
Total Current Liabilities $150,000 $100,000
Long-term Debt 350,000 250,000
Total Liabilities 500,000 350,000
Stockholders' Equity
Total Stockholders' Equity 300,000 300,000
Total Liabilities and Stockholders' Equity $800,000 $650,000

What will be an ideal response

2018 2017
Current assets $100,000 $200,000
Current liabilities 100,000 150,000
Current ratio 1.00 times 1.33 times .Current ratio = Total current assets / Total current liabilities