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Data Table - x 2018 2017 Cash $ 54,000 $ 52.000 Short-term Investments 33,000 0 Net Accounts Receivables 116,000 132.000 Merchandise Inventory 257.000 296,000 Total

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Data Table - x 2018 2017 Cash $ 54,000 $ 52.000 Short-term Investments 33,000 0 Net Accounts Receivables 116,000 132.000 Merchandise Inventory 257.000 296,000 Total Assets 510 000 580.000 Total Current Liabilities 285.000 182,000 48.000 8. Long-term Note Payable Income from Operations Interest Expense 160.000 183.000 16.000 135.000 Dona i Requirements - X 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 d. Debt ratio b. Cash ratio e. Debt to equity ratio c. Acid-test ratio Done g E 15-19 (similar to) Question Help Big Bend Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total abilities improved or deteriorated during 2018. To answer this question, you gather the following data: (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

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