g. As mentioned earlier, Mr. Suncat is especially interested in the current ratio. Explain how the current ratio is calculated and what it means. Do you want a high current ratio (a current ratio greater than 1) or a low current ratio (a current ratio less than 1)? What does it mean if the company's current ratio is 1? h. Using the following data from a partial balance sheet that Mr. Suncat has provided to you, being sure to show all calculations and clearly labeling your answers: Calculate working capital Calculate current ratio Calculate quick ratio F Cash $8,041 Short-term investments 4,947 Accounts receivable 12,545 Inventories 14,814 Other current assets 5,471 Total current assets $45,91 8 Total current liabilities $40,64 4 i. In reviewing the results of the above financial ratios, do you have any concerns? Why or why not?