Homework: Chapter F:8 Homework Score: 0 of 2 pts EF8-27 (similar to) 10 of 10 (8 complete) - HW Score: 53.56%, 10.71 of 20 pts Quenton He Chippewa Carpets reported the following amounts in its 2024 financial statements. The 2023 figures are given for comparison Click the loen to view the comparative financial information) Read the requirements Requirement 1. Calle Chippewa's and lest ratio for 2024 (Round to two decimais) Determine whether Chippewe's and test ratio improved or deteriorated from 2023 2024 Pew does Chama's and to come with the average of 0.807 (Abbreviations used Cash Cash including cash equivalents ST invest short-term investments. Round the and tearate to be demes, XXX Calculate the and test ratio for both years Deta Tabe 2024 2023 A 2024 Balance sheet partial Current Assets Cash Short-term investments 12.000 22.000 11,000 Accounts Recebe $61.000 1 74.000 Less Mowance for Bal Debis 0000 T000 Merchandise Inventory 63.000 190000 67.000 18000 1500 3.300 Precaid Insurance Total Current A 270.000 264 000 Choose from any list or onter any number in the input fields and then click Check Answer Total Current Liab 100.000 105.000 Income statement partial 5 parts remaining Clear Al 22.000 Net Sava (at on accounts #tv