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.) E: (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 during 2020 and Master's acid-test ratio V during 2020 i Income statement - 63.0 Master Computer Corp. Income Statement For the Year Ended December 31, 2020 Net sales $ Cost of goods sold Interest expense All other expenses $ Net income 44.0 0.7 16.2 $ 2.1 Print Done i Balance sheet - X Master Computer Corp. Balance Sheet December 31, 2020 and 2019 2020 2019 Liabilities and Equity $ 3.6S 1.6 Total current liabilities Assets 2020 2019 Cash $ 8.8 $ 10.2|$ 9.8 1.6 8.9 Short-term investments Accounts receivable Inventory 1.9 Long-term liabilities 0.6 Total liabilities 0 20.0 17.7 0.7 Other current assets 5.0 6.2 16.5 Total current assets 11.8 10.4 8.0 1.6 1.4 Common shares 17.9 13.5 Retained earnings 24.8 21.0 Total equity S 42.7||$ 34.5 Total liabilities and equity 16.8 All other assets 22.7 Total assets $ 42.7||$ 34.5 Print Done