Big Bold Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total liabilities improved or deteriorated during 2016. To answer this question, you gather the following data EB Click the icon to view the data) Compute the following ratios for 2016 and 2015, and evaluate the company's ability to pay its current liabilities and total liabilities: a. Current ratio b. Cash ratio c. Acid-test ratio d. Debt ratio e. Debt to equity ratico a. Compute the current ratios for 2016 and 2015 Begin by selecting the formula to compute the current ratio Current ratio Total current assets Total current liabilities Now, compute the current ratios for 2016 and 2015 (Round your answers to two decimal places, X xX) 2016 2015: Enter your answer in the edit fields and then click Check Answer ci Check Answer emaining Data Table 2016 2015 S60,000 $ 53,000 Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets Total Current Liabilities Long-term Note Payable Income from Operations Interest Expense 28,000o 152,000 134,000 227,000296,000 510,000 490,000 288,000182,000 36,00062,000 168,000 148,000 46,000 31,000