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DUAL MONITORS CORPORATION Balance Sheets December 31,2024 and 2023 Assets 2024 2023 Current assets: Cash Accounts receivable Inventory Investments Long-term assets: Land Equipment Less: Accumulated

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DUAL MONITORS CORPORATION Balance Sheets December 31,2024 and 2023 Assets 2024 2023 Current assets: Cash Accounts receivable Inventory Investments Long-term assets: Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity \begin{tabular}{|c|c|} \hline$116,800 & $12,0 \\ \hline 78,00 & 92,0 \\ \hline 95,000 & 80,000 \\ \hline 4,000 & 2,000 \\ \hline 480,600 & 480,e0 \\ \hline 790,000 & 670,000 \\ \hline(428,000) & (268,000) \\ \hline$1,135,800 & $1,176,000 \\ \hline$99,00 & $85,000 \\ \hline 6,000 & 12,0 \\ \hline 8,000 & 5,000 \\ \hline 10, & 2, \\ \hline 700,000 & 700,00 \\ \hline 222,800 & 174,000 \\ \hline$1,135,800 & $1,176,00 \\ \hline \end{tabular} Complete this question by entering your answers in the tabs below. Calculate the following risk ratios for 2024: (Round your answers to 1 decimal place.) Required: 1. Calculate the following risk ratios for 2024 : 2. When we compare two companies, can one have a higher current ratio while the other has a higher acid-test ratio? Complete this question by entering your answers in the tabs below

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