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Bramble had total debt of $477,900 and $722,150 as at December 31, 2020, and December...

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Accounting

Bramble had total debt of $477,900 and $722,150 as at December 31, 2020, and December 31, 2019, respectively, of which $125,000 and $135,000 was current. In addition, the company had total assets of $885,000 and $715,000 as at December 31, 2020, and December 31, 2019, respectively, of which $155,000 and $160,000 was current. Evaluate the companys debt-paying ability in 2020 and 2019.

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