Abanaki Carpets reported the following amounts in its 2024 financial statements. The 2023 figures are given for comparison (Click the icon to view the comparative financial information.) Read the requirements. Requirement 1. Calculate Abanaki's acid-test ratio for 2024. (Round to two decimals.) Determine whether Abanaki's acid-test ratio improved or deteriorated from 2023 to 2024. How doe average of 0.80? (Abbreviations used: Cash Cash including cash equivalents; ST invest. short-term investments. Round the acid test ratio to two decimals, X.XX.) Calculate the acid-test ratio for both years. (Cash + ST invest. Net current receivables) 2024 2023 Total current liabilities 105,000 Acid-test ratio