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I need help with this one, please Additional information for 2021: 1. Net income is $184,000. 2. Sales on account are $1,890,000. 3. Cost of

I need help with this one, please

image text in transcribed Additional information for 2021: 1. Net income is $184,000. 2. Sales on account are $1,890,000. 3. Cost of goods sold is $1,394,250. Required: 1. Calculate the following risk ratios for 2021: (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? Yes No

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