Begin to work through Requirement 1. Select an incorrect answer (choose Current liabilities / Current assets) and select the 'Check answer' button at the bottom of the screen to see how you did: Requirement 1. Identify the formula to compute the current ratio. A. Current liabilities / Current assets B. Current assets / Current liabilities C. Total assets / Current liabilities D. Current assets / Total liabilities Notice that you are given a feedback message upon choosing an incorrect answer. The feedback will not be specific enough to answer. the question for you, but to point you to error that you have made. Generally you will get two attempts at each multiple-choice step before you will be graded, although instructors can specify those settings. After your initial attempt, if you have additional attempts available continue to work to find the correct answer clicking check answer after each attempt until your attempts are exhausted and MyLab Accounting completes the question by placing a green star over the correct answer and a red " X " over the incorrect answer that you chose. MyLab Accounting then moves you to the next part of th question. MyLab Accounting gives as much flexibility as possible in answer formatting to give credit for answers that are correct even using an alternate format. Most answers can be entered in various forms. including commas, decimals, dollar signs, etc. When answering a free response question, however, like the one below, notice that the currency symbol will display before the input box. When you see this symbol, it indicates that you should not enter the currency symbol within the input box. Doing so will result in the system marking the answer as incorrect. Requirement 2. Determine the total current assets balance for Pigeon Sporting Goods at March 31, 2021, and then compute the current ratio as of March 31,2022 and as of March 31,2021. Begin by determining the total current assets balance for Pigeon Sporting Goods at March 31, 2021. Total current asset at March 31, 2021 amount to $. Begin to work through Requirement 1. Select an incorrect answer (choose Current liabilities / Current assets) and select the 'Check answer' button at the bottom of the screen to see how you did: Requirement 1. Identify the formula to compute the current ratio. A. Current liabilities / Current assets B. Current assets / Current liabilities C. Total assets / Current liabilities D. Current assets / Total liabilities Notice that you are given a feedback message upon choosing an incorrect answer. The feedback will not be specific enough to answer. the question for you, but to point you to error that you have made. Generally you will get two attempts at each multiple-choice step before you will be graded, although instructors can specify those settings. After your initial attempt, if you have additional attempts available continue to work to find the correct answer clicking check answer after each attempt until your attempts are exhausted and MyLab Accounting completes the question by placing a green star over the correct answer and a red " X " over the incorrect answer that you chose. MyLab Accounting then moves you to the next part of th question. MyLab Accounting gives as much flexibility as possible in answer formatting to give credit for answers that are correct even using an alternate format. Most answers can be entered in various forms. including commas, decimals, dollar signs, etc. When answering a free response question, however, like the one below, notice that the currency symbol will display before the input box. When you see this symbol, it indicates that you should not enter the currency symbol within the input box. Doing so will result in the system marking the answer as incorrect. Requirement 2. Determine the total current assets balance for Pigeon Sporting Goods at March 31, 2021, and then compute the current ratio as of March 31,2022 and as of March 31,2021. Begin by determining the total current assets balance for Pigeon Sporting Goods at March 31, 2021. Total current asset at March 31, 2021 amount to $