Master Computer Corp, a technology support company providing security for small businesses, reported these summarized figures (in millions): (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) 1. Compute the company's current ratio and acid-test ratio at December 31, 2020 and 2019. 2. Did Master Computer Corp.'s ratio values improve, deteriorate, or hold steady during 2020? 1. Compute the company's current ratio and acid-test ratio at December 31, 2020 and 2019. (Round the ratios to two decimal places, X.XX.) The current ratio is for 2020 and for 2019. The acid-test ratio is for 2020 and for 2019. 2. Did Master Computer Corp.'s ratio values improve, deteriorate, or hold steady during 2020? Master's current ratio Balance sheet during 2020 and Master's acid-test ratio during 2020. Income statement Master Computer Corp. Balance Sheet December 31, 2020 and 2019 Liabilities and Assets 2020 2019 Equity Master Computer Corp. Income Statement For the Year Ended December 31, 2020 2020 2019 Net sales $ 69.5 Total current Cash $ 3.8 $ 3.0 liabilities $ 9.8 $ 9.6 Cost of goods sold 43.8 Short-term investments 1.0 Long-term 1.5 liabilities Interest expense 0.4 9.6 9.3 16.4 Accounts 19.4 18.9 receivable 0.9 0.4 Total liabilities All other expenses Net income $ 8.9 Inventory 10.6 8.2 Other current assets 1.8 1.0 Total current assets 18.1 All other assets Total assets $43.9 $35.5 Common shares 14.1 Retained earnings 25.8 21.4 Total equity Total liabilities and equity 5.6 5.4 18.9 11.2 Print Done 24.5 16.6 $43.9 $35.5