Complete the requirements

Pawnee Carpets reported the following amounts in its 2025 financial statements. The 2024 figures are given for comparison. View the comparative financial information. two decimals, X.XX.) Calculate the acid-test ratio for both years. Comparative Financial Information Requirements 1. Calculate Pawnee Carpets' acid-test ratio for 2025. (Round to two decimals.) Determine whether Pawnee Carpets' acid-test ratio improved or deteriorated from 2024 to 2025. How does Pawnee Carpets' acid-test ratio compare with the industry average of 0.80 ? 2. Calculate Pawnee Carpets' accounts receivable turnover ratio for 2025. (Round to two decimals.) How does Pawnee Carpets' ratio compare to the industry average accounts receivable turnover of 10 ? 3. Calculate the days' sales in receivables for 2025. (Round to the nearest day.) How do the results compare with Pawnee Carpets' credit terms of net 30