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Big Brass Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total abilities improved or deteriorated during 2024.

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Big Brass Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total abilities improved or deteriorated during 2024. To answer this question, you gather the following data Click the con to view the data) Read the requirements Requirements a. Compute the current ratios for 2024 and 2023 Begin by selecting the formula to computere current ratio Current ratio Total current Total current labies Now.compute the current ratios for 2024 and 2023. Round your new to two decimal places, Xxx) Current ratio 2024 - X 2023 Data table Compute the following ratios for 2024 and 2023. and evaluate the company's ability to pay its current liabilities and total liabilities Current ratio . Det ratio b. Cash ratio a. Det to equity ratio c. Acid-test ratio 2023 Print Done Cash Short-term Investments Net Accounts Receivables Merchandisewentory Total Asset Total Current Liabilities Long-term Notes Payable Income from Operations Interest Expense 2024 $ 00.000 $ 52.000 20.000 0 122.000 128.000 257.000 252.000 570.000 400.000 315.000 192.000 40.000 04.000 100.000 171.000 42000 45.000

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