Data table - Notes Payable, long-term 8,300 Accounts Payable 3,600 Prepaid Rent 2,000 Accounts Receivable 5,600 Salaries Payable 1,400 Cash 3,300 Service Revenue 13,800 Depreciation Expense-Equip. 800 Office Supplies 1,100 Equipment 20,000 Accumulated Depreciation-Equip. 4,500 Truman, Capital 4,000 Advertising Expense 1,100 Rent Expense 1,700 Print Done Heart of Texas Telecom has these account balances at December 31, 2024: (Click the icon to view the account balances.) Requirements 1. 2. Calculate Heart of Texas Telecom's current ratio. How much in current assets does Heart of Texas Telecom have for every dollar of current liabilities that it owes? Requirement 1. Calculate Heart of Texas Telecom's current ratio. (Round your answer to two decimal places, X.XX.) Total current assets $ 12,000 Total current liabilities $ 5,000 Current ratio 2.4 Requirement 2. How much in current assets does Heart of Texas Telecom have for every dollar of current liabilities that it owes? (Enter the amount to the nearest cent.) The company has $2.40 of current assets for every dollar of current liabilities that it owes