Big Brass Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total liabilities improved or deteriorated during 2024. To answer this question, you gather the following data: Click the icon to view the data.) Read the requirements a. Compute the current ratios for 2024 and 2023 Begin by selecting the formula to compute the current ratio. Current ratio X - X Data Table Requirements 2024 2023 S Compute the following ratios for 2024 and 2023, and evaluate the company's ability to pay its current liabilities and total liabilities: a. Current ratio d. Debt ratio b. Cash ratio e. Debt to equity ratio c. Acid-test ratio Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets Total Current Liabilities Long-term Notes Payable Income from Operations Interest Expense 54,000 $ 32.000 128,000 227,000 510.000 285,000 44,000 150,000 42.000 52.000 0 120.000 287.000 550.000 182.000 48.000 173,000 35.000 Print Done