Debt Management Ratios Financial statements for Steele Inc, follow. Steele Inc. Consolidated Income Statements (in thousands except per share amounts) Cash and equivalents Accounts receivable Inventories Other Total current assets Property and equipment, net Other assets Total assets \begin{tabular}{rr} $320,558 & $41,235 \\ 1,056,911 & 837,377 \\ 733,700 & 803,707 \\ 109,456 & 101,811 \\ & $1,784,130 \\ 1,666,588 & 1,813,948 \\ 215,342 & 248,372 \\ \hline$4,102,555 & $3,846,450 \\ \hline \end{tabular} Current liabilities: Accounts payable Accrued expenses Other current liabilities Income taxes Total current liabilities Long-term debt Deferred income taxes Other long-term liabilities Total liabilities Stockholders' equity: Preferred stock Common stock Additional paid-in capital-common stock Retained earnings Using Steele's financial statements as shown above, respond to the following requirements. 1. Compute the five debt management ratios for 2022 and 2023. Round your answers to two decimal places. 2. Conceptual Connection: Indicate whether the ratios have changed significantiy from 2022 to 2023. Do the ratios suggest that Steele is more or less risky for long-term creditors at December 31,2023, than at December 31,2022