Large Limb Photo Shop has asked you to determine whether the company's ability to pay current liabilities and total liabilities improved or deteriorated during 2016. To answer this question, you gather the following data EEE (Click the icon to view the data.) Compute the following ratios for 2016 and 2015. and evaluate the company's ability to pay its current liabilities and total liabilities: a. Current ratio b. Cash ratio c. Acid-test ratio d. Debt ratio Debt to equity ratio e. a. Compute the current ratios for 2016 and 2015 Begin by selecting the formula to compute the current ratio Current ratio i Data Table 2016 2015 Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets Total Current Liabilities $ 58,000 $ 55,000 33,000 122,000 116,000 207,000 262,000 570,000 490,000 315,000 232,000 50,000 48,000 165,000 158,000 50,00039,000 Long-term Note Payable Income from Operations Interest Expense Print Done