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 2018. To answer this question, you gather the following data EEB Click the icon to view the data.) Read the requirements a. Compute the current ratios for 2018 and 2017 Begin by selecting the formula to compute the current ratio. Current ratio Data Table Requirements 2018 2017 Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets Total Current Liabilities S 60,000 $ 49,000 0 134,000 34,000 267,000 267,000 540,000 520,000 275,000 182,000 46,000 64,000 155,000 163,000 44,000 45,000 Compute the following ratios for 2018 and 2017, and evaluate the company's ability to pay its current liabilities and total liabilities a. Current ratio b. Cash ratio c. Acid-test ratio 27,000 d. Debt ratio e. Debt to equity ratio PrintDone Long-term Note Payable Income from Operations Interest Expense PrintDone Choose from any drop-down list and then click Check Answer Clear All remaining