Exercise 12-7B Calculate risk ratios (LO12-3) The balance sheets for Company B and additional information are provided below. Additional information for Year 2: 1. Net income is $88,400. 2. Sales on account are $1,628,900. 3. Cost of goods sold is $1,230,800. Additional information for Year 2: 1. Net income is $88,400. 2. Sales on account are $1,628,900. 3. Cost of goods sold is $1,230,800. Required: 1. Calculate the following risk ratios for Year 2: (Round your answers to 1 decimal place.) 2. When we compare two companies, can one have a higher current ratio while the other has a higher acid-test ratio