CALCULATOR HESSAGE HY INSTRUCTOR Exercise 10-22 a-b Wildhorse Boutique reported the following financial data for 2022 and 2021. 2021 Wildhorse Boutique Balance Sheet (partial) September 30 (in thousands) 2022 Current assets Cash and short-term deposits $2,550 Accounts receivable 2,130 Inventories 1,180 Other current assets 300 Total current assets $6,160 Current liabilities $4,480 $1,000 1,560 990 170 $3,720 $2,600 Calculate the current ratio for Wadhorse Boutique for 2022 and 2021. (Round answers to 2 decimal places, c.g. 1.25:1) 2022 2021 Current ratio Suppose that at the end of 2022, Wildhorse Boutique used $3.00 million canh to pay off $3.00 million of accounts payable. How would its current ratio change? Current ratio $1 Click if you would like to show Work for this question Open Show Work AAR