Data Table 2024 2023 Cash $ 60,000 $ 52,000 Short-term Investments 28,000 0 Net Accounts Receivables 122,000 128,000 257,000 277,000 525,000 580,000 Merchandise Inventory Total Assets Total Current Liabilities Long-term Notes Payable Income from Operations Interest Expense 295,000 202.000 36,000 56.000 155,000 163,000 44.000 37.000 Print Done en click Check Answer mine whether the company's ability to pay current liabilities and total lia J data: - Requirements 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 Print Done Large Limb Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total liabilities improved or deteriorated dur To answer this question, you gather the following data: Click the icon to view the data) Read the requirements a. Compute the current ration for 2024 and 2023 Begin by selecting the formula to compute the current ratio Current ratio - Total current assotn - Total current liabilities Now, compute the currentration for 2024 and 2023 (Round your answers to two decimal places. XXX) Curront ratio 2024 2023