Acer company balance sheet lists the following items:

Cash: $$14,000$

Cash equivalents: $$30,000.$

Accounts receivable: $$8,000$

Short term bond investment: $$10,000$

Inventory: $$38,000$

Property & equipment: $$65,000$

Accounts payable: $$15,000$

Accrued payables: $$20,000.$

Income tax payables: $$15,000$

Short$-$term debt: $$10,000$

Long$-$term debt: $$20,000$

Mortgage: $$85,000$

$1-$ Please calculate the current ratio of the company. Offer your expert opinion the ratio and what it says about how is managed.

$2-$ What is the debt ratio of the business? Explain what an efficient use of the debt ratio is$.$